How Is the Strike Price Typically Determined for a New Options Series?

Strike prices for a new options series are typically set by the exchange based on predetermined intervals around the current market price of the underlying asset. For example, a crypto exchange might list strikes every $500 or $1,000 for Bitcoin, ensuring there are strikes both In-The-Money and Out-of-The-Money.

How Is the Strike Price Conceptually Similar to a “Limit Order” in Trading?
How Frequently Are Funding Payments Typically Exchanged?
How Often Is the Funding Rate Typically Exchanged in Perpetual Futures?
How Is the Strike Price of a Crypto Option Determined?
How Often Is the Funding Rate Typically Calculated and Paid?
What Is the Significance of the “Strike Price” in an Options Contract?
How Often Is the Funding Rate Typically Exchanged?
Why Do Exchanges Set Funding Intervals, Rather than Having Continuous Payments?

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