{"24h-change":"24h Chg","24h-high":"24h High","account-totalEquity":"Total Equity","historyFilter_title":"Filter","next":"Next","position_markPriceWithAsset":"Mark Price({{asset}})","rejectCode-1":"Invalid Parameters","marketValue":"Market Value","time":"Time","market-price":"Mark Price","mark":"Mark","login":"Log In","market-price-tooltip":"The theoretical options fair price based on Black-Scholes model.","leverage":"Leverage","leverage-tooltip":"Leverage = Index Price * Exchange Ratio / Option Mark Price","historyTabs_hideOtherPairs":"Hide Other Symbols","last-price":"Last Price","index-price":"Index Price","index":"Index","learnMore":"Learn More","helpCenter-item-tutorVideo":"Tutorial Video","helpCenter-item-tutorVideo-info":"Watch a short tutorial video on Options trade.","gamma-tooltip":"The change of Delta for every 1 USDT change of underlying asset price.","helpCenter-item-tradeRule":"Trading Parameters","helpCenter-item-tourAround":"Tour Around","helpCenter-dialogTitle":"Options Help Center","goTrade":"Go Trade","gamma":"Gamma","helpCenter-item-trdRule-info":"Learn more about trading parameters of each symbol","formError-lowerThanMinPrice":"Order sell price cannot be lower than {{minPrice}}","formError-higherThanMaxQty":"Max amount should be less than {{maxQty}}.","formError-lowerThanMinQty":"Min amount is {{minQty}}.","filled":"Filled","fee":"Fee","exercisedHistory-empty-description":"You have no exercise history.","exercise-profit":"Exercise Profit","expiry-date":"Expiry Date","expiry-date-tooltip":"When expiration reached, options will expire and cash settle the profit.","exercise-fee":"Exercise Fee","formError-higherThanMaxPrice":"Order buy price cannot be higher than {{maxPrice}}","detail-info-greeks":"The Greeks","detail-info-bid-price":"Bid Price / IV","eOptions":"Options","estimatedPNL":"Estimated PNL","delta-tooltip":"Theoretical Options price change for every 1 USDT change of underlying asset price. Delta = Change in Options price / Change in the price of the underlying asset.","contract-size":"Contract Size","delivery-price":"Settlement Price","delta":"Delta","contract-size-tooltip":"The quantity of the underlying asset that an option contract represents.","cost":"Cost","contract":"Contract","contract-size-tip":"The size of the underlying asset that an option contract represents.","detail-info-ask-price":"Ask Price / IV","closePosition":"Close Position","cancel":"Cancel","cancelAll":"Cancel","change":"24h%","confirm":"Confirm","buyPriceCap":"Buy Price Cap","call":"Call","amount":"Amount","bid":"Bid","buy":"Buy","buyAndSell":"Long/Short","averagePrice":"Average Price","avgPrice":"Avg. Price","ask-price-tooltip":"The best ask price (lowest sell price currently on order book).","bid-price-tooltip":"The best bid price (highest buy price currently on order book).","ask":"Ask","avbl":"Avbl","asset":"Asset","calls":"Calls","all":"All","all-options":"All Options","account-vega":"Vega","account-inOrder-tip":"When you cancel the order, it will release your locked Order Margin including transaction fee to open position.","account-unrealPnl-tip":"Unrealized PnL = (Mark Price - Average Price) * Size","account-totalEquity-tip":"Total nominal assets of Options account. Total Equity = Margin Balance + Options Market Value","account-theta":"Theta","account-unrealPnl":"Unrealized PnL","account-marketValue":"Market Value","account-inOrder":"In Order","account-greek":"Account Greeks","account-gamma":"Gamma","account-marginBalance-tip":"Options wallet cash balance, reflecting all funds inflow and outflow in transaction history.","account-avlbMargin-tip":"Available Margin = Margin Balance – In Order","account-marginBalance":"Margin Balance","account-delta":"Delta","adl":"ADL","account":"Account","IV-bid-tooltip":"The implied volatility derived from the underlying Index Price, Strike Price, Interest Rate and Expiry Time based on B-S Model.","account-avlbMargin":"Available Margin","24h-high-low":"24h High / Low","24h-low":"24h Low","IV-ask-tooltip":"The implied volatility derived from the underlying Index Price, Strike Price, Interest Rate and Expiry Time based on B-S Model.","IV-ask":"IV (Ask)","Cont":"Cont","24h-vol":"24h Vol","24h-high-tooltip":"The highest last price in the past 24 hours.","24h-low-tooltip":"The lowest last price in the past 24 hours.","24h-volume":"24h Volume","openOrder-empty-description":"You have no open order.","noData":"No Data","openEOptionsAccount-success":"Open Account Successfully.","openOrder-status-accepted":"Accepted","openOrder-status-cancelled":"Cancelled","open-Eoption-account":"Open Options Account","IV-bid":"IV (Bid)","openOrder-status-partiallyFilled":"Partially Filled","openOrder-status-received":"Received","openOrder-status-filled":"Filled","openOrder-status-cancellin":"Cancelling","orderHistory-empty-description":"You have no order history.","orderHistory-status-filled":"Filled","orderBook":"Order Book","openOrder-status-untriggered":"Untriggered","order-type-1stBid":"1st Bid","order-type-1stAsk":"1st Ask","order-type-bbo":"BBO","order-type-custom":"Limit","order-type-info-1stAsk":"Use 1st Ask price (lowest sell side price on order book) to trade.","order-type-info-1stBid":"Use 1st Bid price (highest buy side price on order book) to trade.","order-type-info-custom":"Set a limit price below Buy Price Cap or above Sell Price Floor to place order. Order will be filled at or better than the limit price set.","order-type-info-bbo":"Use 1st Ask price (lowest sell side price on order book) for buy order. Use 1st Bid price (highest buy side price on order book) for sell order.","orderHistory-status-all":"All","orderHistory-status-cancelled":"Cancelled","orderHistory-filterHint":"Support up to the recent 30 days order history.","orderHistory-status-partiallyFilled":"Partially Filled","openOrder-status-rejected":"Rejected","placeOrder-failed":"Submit Order Failed.","orderType-limit":"Limit","position":"Position","placeOrder-success":"Submit Order Successful.","orderHistory-status-rejected":"Rejected","position-close":"Close","position-availableSizeTooltip":"Available Size = Position Size - Size of Open Orders to close positions","position-tooltip":"Number of contracts you have for the Options.","position_closePositionTitle":"Limit Close","rejectCode-12":"Invalid Order Amount","position-roeTooltip":"ROE% = (Mark Price - Average Price) / Average Price","position-markValueTooltip":"Market Value = Options Mark Price x Size","position-open":"Open","position-size":"{{quantity}} Contracts","position-empty-description":"You have no position.","position-unrealizedPNLTooltip":"Unrealized PnL = (Mark Price - Average Price) * Size","positionMargin":"Position Margin","position_bidAskPrice":"Bid/Ask Price","position_entryPriceWithAsset":"Entry Price({{asset}})","price":"Price","positions":"Positions","priceLimit-tooltip-link":"More Trading Rules","put":"Put","priceLimit-tooltip-min":"The minimum limit price to place a sell order.","priceLimit-tooltip-max":"The maximum limit price to place a buy order.","register-now":"Register Now","rejectCode-11":"Invalid Order Price","puts":"Puts","position-closeLimit":"Close","rejectCode-15":"Invalid TP/SL trigger type","rejectCode-14":"Invalid TIF order","rejectCode-13":"INVALID SELF TRADE PREVENTION","rejectCode-22":"Invalid fuid","rejectCode-17":"Invalid response","rejectCode-2":"Order type not supported","rejectCode-21":"Invalid Order Type","rejectCode32":"Position is under Auto-Reduce","rejectCode-23":"Invalid Asset","rejectCode-25":"Invalid Available Amount","rejectCode-32":"No more than {{amount}} open orders for the same symbol","rejectCode-33":"Exceed max number of total TP/SL open orders allowed","rejectCode23":"Non-existed Contract","rejectCode-41":"Duplicated Order ID","rejectCode22":"Pending Response Timeout","rejectCode-24":"Invalid Available Margin","rejectCode-26":"Cancel Order Failed","rejectCode-31":"Insufficient Assets","rejectCode-42":"Duplicated Client Order ID","rejectCode21":"Insufficient Available Margin","rejectCode1":"The Fill-or-Kill order has been canceled due to the order not being able to execute in full immediately.","rejectCode24":"Total Order per contract no more than {{amount}}.","rejectCode0":"Unknown Error","rejectCode2":"Post Only Order","rejectCode33":"No Position for now","rejectCode34":"Reduce-only Order Amount too large","rejectCode31":"Position is under liquidation","rejectCode-16":"Invalid TP/SL trigger price","rejectCode41":"Invalid Option Contract","rejectCode35":"Exceed max number of TP/SL open orders per contract allowed","rejectCode51":"Order price cannot below price floor","rejectCode52":"No more than {{amount}} {{contract}} total positions for single contract.","rejectCode50":"Order price cannot exceed price cap","rejectCode53":"No more than {{amount}} {{contract}} total positions for all {{baseAsset}} contracts.","rejectCode43":"Reach Risk Limit","rejectCode44":"Option Contract currently not open for trade","rejectCode55":"No more than {{amount}} {{contract}} total SELL positions for all {{baseAsset}} contracts.","rejectCode54":"No more than {{amount}} {{contract}} total BUY positions for all {{baseAsset}} contracts.","sellPriceFloor":"Sell Price Floor","rejectCode60":"Order amount no more than {{amount}} {{contract}}","side":"Side","roe":"ROE%","rejectCode70":"Request Timeout","side-agreement-checkBoxContent":"I have read and agree to Binance Options Service Agreement.","size":"Size","status":"Status","strike-price":"Strike Price","sum":"Sum","theta":"Theta","search":"Search","sell":"Sell","strike":"Strike","strike-price-tooltip":"The price at which the option buyer has the right to buy or sell the underlying asset. At expiration, the price difference between strike price and settlement price will determine exercise PNL and settle in USDT.","theta-tooltip":"Theoretical Options price change during a given time period (usually a day). Theta is often referred to the time value of Options contracts.","symbol":"Symbol","rejectCode42":"Reach Liquidation Price","tip-markPrice":"Mark Price, the theoretical options fair price based on Black-Scholes model.","tourAround-buyOption-link":"View Trading Rules","time-to-expiry":"Time to Expiry","tourAround-manageAccount-content":"Monitor account information as you trade.","tourAround-closePosition-content":"
Close position by switching to Close Mode, or close directly on the position.
Set an order price higher than sell price floor.
","tradeRule-maxOrdAmtSz-tip":"The maximum amount per order placed","transactionHistory-exerciseFee":"Exercise Fee","tourAround-manageAccount-title":"Manage Account","tourAround-selectOption-title":"Select an Option","tourAround-welcome-Options":"Welcome to Binance Options!","tradeHistory-empty-description":"You have no trade history.","tradeOptions-content":"Select an Option from market list to enable trading panel.","tradeOptions-title":"Trade Options","tradeOptions-videoTutorial":"Tutorial Video","tradeRule-maxOrdAmtSz":"Max Order Amount","tradeRule-minOrdAmtSz":"Min Order Amount","tradeRule-minOrdAmtSz-tip":"The minimum order amount.","tradeRule-minPriceMov":"Min Price Movement","trades":"Trades","tradeRule-minPriceMov-tip":"The minimum price change unit of the contract.","training-tourCard-content":"Watch the Options tutorial video to learn more.","training-tourCard-title":"How to trade Options on Binance","trainingVideo-title":"How to trade Options on Binance","transactionHistory-contract":"Option Cost (Premium)","transactionHistory-empty-description":"You have no transaction history.","transactionHistory-exercisePnl":"Exercise PNL","transactionHistory-fee":"Fee","transactionHistory-liquidation":"Liquidation","transactionHistory-insuranceFunds":"Insurance Funds","tourAround-buyOption-title":"Buy Option","transactionHistory-reduction":"Auto-Reduce Fee","transactionHistory-reduced":"Auto-Deleveraging","transactionHistory-transfer":"Transfer","transactionHistory-rebate":"Fee Rebate","unrealizedPnL":"Unrealized PnL","vega":"Vega","view-more":"View More","vega-tooltip":"Vega = Theoretical Options price change / Volatility rate change of the underlying asset.","volume":"Volume","type":"Type","tourAround-closePosition-title":"Close Position before Expiration","tourAround-selectOption-link":"How Options Works","tourAround-holdTillExpiration-content":"
When expiration is reached, expired positions will be settled automatically.
You can find exercised records under Exercised History.
","tourAround-holdTillExpiration-title":"Hold till Expiration","index-price-tooltip":"Underlying asset Price Index. The arithmetic mean of Price Index in the last 30 minutes before expiration will be used to settle the Options.","account-vega-tip":"Account Vega is the sum of symbol's Vega of position owned multiply by position size.","account-theta-tip":"Account Theta is the sum of symbol's Theta of position owned multiply by position size.","account-gamma-tip":"Account Gamma is the sum of symbol's Gamma of position owned multiply by position size.","account-delta-tip":"Account Delta is the sum of symbol's Delta of position owned multiply by position size.","placeOrder-noAvailPrice":"Unable to trade with this price due to price absence from Order Book. Please use other order type.","maxAmount":"Max Amount","available":"Available","eep":"Est. Settlement Price","eep-tooltip":"The projected settlement price to exercise the options, which is arithmetic mean of the index price during the last 30 minutes before expiration.","tourAround-selectOption-content":"
View Call and Put Options listed with different expiration dates and strike prices.
Expand to see more market details
Switch to Candlestick chart trading mode.
","eoptions-openAccountSummary":"Binance Options is a type of European Option contract. Comparing to American Options, European Options can be exercised only at its expiration date, but can buy and sell at current market price anytime before expiration. Option trading is a highly risky endeavor with the potential for both great profits and significant losses. The maximum loss of the options buyer is the amount of options premium cost, and the options seller may lose the entire margin. Options trading is restricted for users from certain regions.","tourAround-buyOption-content":"
Select an Option to enable trading panel.
Buy a Call or Put option to open positions.
Set order price below buy price cap.
Make sure you transfer sufficient funds to Options Wallet before placing an order.
","custom":"Custom","range-to":"to","day":"1 Day","week":"1 Week","month":"1 Month","quarter":"3 Months","range-date":"Date","searchBtn":"Search","resetBtn":"Reset","tab-openOrders":"Open Orders","tab-orderHistory":"Order History","tab-log-in-info":"Log In or Register now to start trading.","tab-transactionHistory":"Transaction History","tab-tradeHistory":"Trade History","tab-exercisedHistory":"Exercise History","eoptions-welcomeTitle":"Welcome to Options Trading!","cont":"Cont","d":"d","h":"h","historyTabs_hideOtherUnderlying":"Hide Other Underlying","bidAndIV":"Bid / IV","askAndIV":"Ask / IV","transfer-tip":"Transfer {{currency}} to start trading Options!","bid-price":"Bid Price","ask-price":"Ask Price","transactionFeeRate":"Transaction Fee Rate","feeLevel":"Fee Rate","exerciseFeeRate":"Exercise Fee Rate","chart":"Chart","preference":"Preference","IV-tooltip":"The implied volatility derived from the underlying Index Price, Strike Price, Interest Rate and Expiry Time based on B-S Model.","askSize":"Ask Size","bid-ask-size":"Bid/Ask Size","high-low":"High / Low","bidSize":"Bid Size","high":"High","low":"Low","bidSize-tooltip":"The size of best bid price currently on order book.","lastPrice-tooltip":"Last traded price.","24h":"24h","askSize-tooltip":"The size of best ask price currently on order book.","vol":"Vol","24h-percent":"24h Chg","realizedPnl":"Realized PnL","seo-title":"{{indexPrice}} | {{contract}} | Binance Futures","seo-description":"Trade {{contract}} Options on Binance - the world's leading crypto Options trading exchange with deep liquidity and low fees.","seo-keywords":"{{baseAsset}} Options, {{contract}} Options","seo-mainPage-title":"{{indexPrice}} | {{symbol}} Options | Binance Futures","rejectCode37":"Auto-Cancel Function Triggered","allTrades-title":"Recent Trades ({{baseAsset}} Options)","allTrades-callVolume":"24h Call Volume: {{volume}}","eoptions-pnl":"PnL","eoptions-maxProfit":"Max Profit","eoptions-breakevenPrice":"Breakeven Price","eoptions-maxLoss":"Max Loss","eoptions-unlimited":"Unlimited","eoptions-estimatedPnL":"Estimated PnL Chart","listViewWidget-market":"Symbol List","backToDefaultLayout":"Back to Default Layout","listViewWidget-allTrades":"Trades","layout":"Layout","listViewWidget-historyTabs":"Positions","theme":"Theme","allTrades-putVolume":"24h Put Volume: {{volume}}","eoptions-openAccountSummary-4":"Options trading is restricted for users from certain regions. Only certain users will be eligible to act as Option Writers. By trading Options on Binance, you will be subject to the terms of the Binance Options Service Agreement.","eoptions-openAccountSummary-3":"The maximum loss of an Options buyer is the amount of premium paid to purchase the Option. An Options seller may however lose the entire amount of margin posted to collateralise its position and risks being subject to liquidation if sufficient margin is not maintained.","eoptions-openAccountSummary-2":"Options trading is a highly risky endeavor with the potential for both great profits and significant losses.","eoptions-openAccountSummary-1":"A Binance Option is a type of European Option contract which, unlike American style options, can only be exercised at expiry, but can be bought or sold at the current market price at any time prior to expiry.","tradeRule-minQuoteUnit-tip":"The minimum quote unit when setting the limit price.","formError-illegalTickSize":"The min quote unit is {{tickSize}}.","tradeRule-minQuoteUnit":"Min Quote Unit","openInterest-cont":"Open (Cont)","openInterest-cont-usdt":"Open (Cont/USDT)","openInterest-usdt":"Open (USDT)","eoptions-possibleProfit":"Possible Profit","mark-price":"Mark Price","eoptions-maxLoss-hint":"If your prediction is incorrect, the loss you may encounter on the expiration date for 1 Option contract will be displayed here.","eoptions-possibleProfit-hint":"If your prediction is correct, the amount of profit you may earn on the expiration date from 1 Option contract will be displayed here.","calculator-setting-hint":"Fill in the details to get an overview of all your Options quotes.","calculator-custom-input-error":"Please enter a price","calculator-custom-desc":"Set the price at which you want to buy an option","calculator-custom-input-hint":"For calculation purposes only – the actual buying price will be reflected on the order page.","calculator-profitable-hint":"Based on your prediction, you can consider buying the Options that you predict will bring you positive profit.","calculator-ask-desc":"Lowest price that users are willing to sell for","calculator-buy-option":"Buy 1 Option with","calculator-bid-desc":"Highest price users are willing to pay","calculator-predict-tooltip":"Enter your predicted price to calculate the possible profit and loss for each quote.","calculator-predict-label":"I predict that the {{baseAsset}} price will be","calculator-mark-desc":"Fair price or theoretical value based on the Black-Scholes model","calculator-greeting-msg":"Find Options that may meet your expectations before trading. Try it now!","calculator-title":"Options PnL Calculator","custom-price":"Custom Price","enter-price-plhr":"Enter price","eoptions-breakevenPrice-call-hint":"If the {{baseAsset}} price is higher than Breakeven Price at expiry date, your Option will end in positive profit.","eoptions-breakevenPrice-put-hint":"If the {{baseAsset}} price is lower than Breakeven Price at expiry date, your Option will end in positive profit.","faq_howToBuyOptions":"How to buy Options on Binance?","faq_howToBuyOptions_answer":"You can watch this tutorial illustrating how to quickly get started in trading Binance Options.","faq_howToCalculate":"How to calculate potential PnL","helpCenter-faq":"FAQ","fqa_howToHedgeYourPosition_answer":"Options allow investors to hedge their long positions against adverse price movements. If an investor has a substantial long position on a given crypto asset, they may buy put options as a form of downside protection. If the asset price falls, the put option allows the investor to sell the crypto asset at a higher price than the spot market, thereby allowing them to recoup their losses.","fqa_howToHedgeYourPosition":"How to Hedge Your Long Position with a Protective Put?","faq_whatAreTheRisks_answer":"Since options traders have the choice not to exercise their contracts, their loss is constricted to the premium they have to pay for the contract. Buyers benefit as the maximum loss is capped at the fixed premium irrespective of how much the underlying asset moves.","faq_whatAreTheRisks":"What are the risks inherent to trading Options on Binance? Is trading Options riskier than Futures ?","faq_differencesBetweenWritingAndSelling":"What is the difference between \"writing Options\" and \"selling Options\"? Can users write Options on Binance?","faq_differencesBetweenOptionsAndFutures_answer":"Trading Futures and Options are both possible to bring profit to users when coin prices rise or fall. If you think the coin price is going down, you can short Futures or buy Put Options. If you short Futures, your position may be liquidated if prices bound before replummet. With Options, you never have to worry about this.","faq_differencesBetweenOptionsAndFutures":"What are the main differences between Options and Futures contracts?","faq_whichOptionsAvailable_answer":"Binance Options are European-style options contracts, different expiries (daily, weekly, monthly). You can be a buyer of Call/Put Options, and able to sell your Options positions. But you cannot be a issuer or writer so far.","faq_whichOptionsAvailable":"Which Options are available on Binance?","faq_howToCalculate_answer":"Binance has released the Options PnL Calculator which is easy for estimating your potential PnL. Simply click on the calculator icon on the page to try this feature.","faq_differencesBetweenWritingAndSelling_answer":"Writing options is equivalent to selling an options contract, where a premium is collected by the Writer in exchange for the right to buy (for Call Options) and or sell (for Put Options) shares at a future price and date. You can only be a buyer of Options as Binance is the sole issuer (option seller / writer). However, European Options owners can also exit their positions before the expiration date by selling their options back onto the market.","tradingData":"Options Data","calculator":"Calculator","current-price":"Current Price","lost":"Loss","profit":"Profit","account-maintenanceMargin":"Maintenance Margin","account-maintenanceMargin-tooltip":"The minimum amount of margin balance required to keep short selling positions.","easy-options":"Easy Options","back-to-pro":"Back to Classic Options","easy-mode-price-description-down":"I think is going down","easy-mode-price-description-up":"I think is going up","easy-mode-price-description":"I think is going...","easy-mode-disclaimer-title":"Before trying Easy Options","easy-mode-disclaimer-content":"This information is generated based on your own inputs and is not financial or investment advice or any recommendation from Binance as to the use, appropriateness or suitability of any transaction. You are responsible for your own investment decisions and Binance is not liable for any losses. See our Terms of Use and Risk Warning.","order-type-info-easyModeCustom":"After you set the custom price, the estimated PNL will be different to what is displayed on the left card.","stay":"Cancel","OK":"Confirm","easy-mode-editPriceDialog-setCustomPrice-content":"After you set the custom price, the estimated PNL will be different to what is displayed on the left card.","easy-mode-editPriceDialog-setCustomPrice-title":"Set custom price?","easy-mode-editPriceDialog-backToPro-content":"If you want to edit the price, you can go back to Classic Options.","easy-mode-result-dialog-cost-content":"The cost of purchasing an Option contract is currently based on the Mark Price.","easy-mode-result-dialog-profit-content":"When the coin price meets your predicted target at the Options settlement date, you will receive a profit calculated using the following formula:\\nFor a Call Option: Your predicted price - Strike price - Mark Price\\nFor a Put Option: Strike price - Your predicted price - Mark Price","easy-mode-result-dialog-breakeven-content":"When the price reaches this level on the settlement date, your position will break even, with no profit and no loss. The calculation formula is as follows:\\nCall Breakeven Price = Strike Price + Mark Price/Contract Size\\nPut Breakeven Price = Strike Price - Mark Price/Contract Size\\nTo Breakeven % = (Breakeven Price - Index Price) / Index Price","easy-mode-result-dialog-title":"Help","order-type-info-markPrice":"Theoretical Options fair price based on Black-Scholes Model. And it will automatically adjust to fit the Quote Unit in the Trading Rules.","breakeven-if":"Breakeven if","easy-more-result-dialog-content":"Use Options as an investment tool when you have a price expectation for a coin. With Easy Options, you enter your prediction and the potential profit or loss for each Option will be automatically calculated. Purchase based on your risk preference and exercise the Option for a positive return when your prediction is correct.","be-bought-in-24h":"24h Volume","more":"More","selected":"Selected","easy-mode-editPriceDialog-backToPro-title":"Set custom price?","no-results-found":"No results found","easy-mode-result-description-buy-call":"Buy Call option targeting on {{expiry}}","est-cost":"Est. Cost (Exclude Fee)","easy-mode-result-title-buy-put":"{{asset}} below {{price}}","predicted-price-label":"Predicted Price","easy-mode-result-title-buy-call":"{{asset}} over {{price}}","easy-mode-form-hint":"Fill in sides, target date, and predicted price to filter the options.","in-a-month":"Within a month","in-a-week":"Within a week","more-than-a-month":"More than 1 month","easy-mode-result-description-buy-put":"Buy Put option targeting on {{expiry}}","est-profit":"Est. Profit Target","side-label":"General Prediction","expiry-label":"Select Target Date","popularity":"Popularity","return":"Return","ranking-by":"Ranking by","probability":"Probability","roi":"ROI%","preferenceSort":"Sort","preferenceBack":"Back","kline":"K-line","tools":"Tools","tradingPanel-settins-collapse-orderbook-trades":"Collapse Order Book and Trades","preferenceReset":"Reset","ba-eoptions-OptionsDataOverview":"Options Data Overview","ba-eoptions-ExpiryDate":"Expiry Date","ba-eoptions-Options":"Options","ba-eoptions-PNLCalculator":"PNL Calculator","ba-eoptions-OptionsData":"Options Data","ba-eoptions-Beginner":"Beginner","ba-eoptions-EasyOptions":"Easy Options","ba-eoptions-MaxPain":"Max Pain","ba-eoptions-ExercisedHistory":"Exercised History","ba-eoptions-OpenInterestAndVolume":"Open Interest & Volume","fok":"FOK","tif":"TIF","gtc-tip":"Good Till Cancelled (GTC) order will remain valid until it is fully executed or manually cancelled.","ioc":"IOC","fok-tip":"Fill or Kill (FOK) order must be immediately and fully executed at the order price or better, otherwise, it will be completely cancelled.","ioc-tip":"Immediate or Cancel (IOC) order must be partially filled immediately at the limit price or better, and the unfilled amount will be cancelled.","gtc":"GTC","tif-toolti":"Time in force (TIF) is an order parameter to specify how long an order will remain active or open before it’s executed or expired.","time-in-force":"Time In Force","tif-tooltip":"Time in force (TIF) is an order parameter to specify how long an order will remain active or open before it’s executed or expired.","orderType-prevQuoted":"OTC","rise-another":"Rise another","fall-another":"Fall another","probability-of-breakevn":"Probability of Breakeven","account-pnl-analysis":"Options PNL Analysis","predicted-price-select-placeholder":"Select Predicted Price","predicted-price-input-placeholder":"Enter Price","predicted-price-switch-price":"Price","predicted-price-switch-custom":"Custom","probability-of-breakeven":"Probability of Breakeven","bvol-index":"Bvol Index","binance-volatility-index":"Binance Volatility Index","quiz-title":"Options Quiz","quiz-requestDialog-soft-content":"Start to refresh important knowledge about Options. All options users must submit the quiz before {{date}}.","quiz-answer-title5":"Put Options||Call Options||Collar Options||Iron Condor","quiz-answer-title1":"American Options||Asian Options||European Options||Bermudan Options","quiz-question-title1":"Which of the following Options’ styles can be traded on Binance?","quiz-answer-title3":"Stocks||Bonds||Cryptocurrencies||Commodities","quiz-question-title4":"Which type of Options contract gives the holder the right, but not the obligation, to buy the underlying asset at a specific price on expiration date?","quiz-question-title5":"Which type of Options contract gives the holder the right, but not the obligation, to sell the underlying asset at a specific price on a predetermined date?","quiz-question-title2":"When can European Options be exercised on Binance?","quiz-answer-title2":"Any time before the expiration date||Only on the expiration date||After the expiration date||One week before the expiration date","quiz-answer-title4":"Put Options||Call Options||Collar Options||Iron Condor","quiz-question-title6":"The premium of an Option on Binance refers to?","quiz-answer-title6":"The price of the underlying Option||Strike Price||Trading Volume||Expiry Date","quiz-question-title8":"Which of the following fees is NOT charged on Binance European Options trading?","quiz-answer-title7":"The market price of the underlying asset||The premium paid for the Option||The predetermined price at which the Option can be exercised||The profit earned from the Option trade","quiz-answer-title8":"Maker fee||Taker fee||Exercise fee||Insurance Fund fee","quiz-question-title10":"Which of the following factors does NOT impact the pricing of a European Option on Binance?","quiz-answer-title9":"When the time to expiration decreases||When market volatility decreases||When market volatility increases||When the Option's Open Interest decreases","quiz-question-title9":"When does the premium of a European Option on Binance typically increase?","quiz-question-title3":"What underlying assets do Binance European Options reference?","quiz-question-title7":"The strike price of a European Option on Binance refers to:","quiz-softLanch-alert-start":"Start","quiz-congratDialog-ok":"OK","quiz-congratDialog-title":"Congratulations","quiz-congratDialog-content":"You have passed the quiz and can now start trading Options.","quiz-softLaunch-alert-text":"Complete the quiz before trading Options","next-time":"Next Time","quiz-requestDialog-content":"Please submit the quiz to ensure that you have the required knowledge and you have understood the risks related to Options.","start":"Start","quiz-requestDialog-title":"Options Quiz","quiz-answer-title12":"Automatically settled - Options will be settled on the expiration date, and profit will be sent to the option holder’s wallet automatically||Settled in USDT - the option holder receives the profit in USDT|| Profit received - the option holder receives the difference between the strike price and the market price of the underlying asset||The option holder can receive the profit anytime even when the exercise conditions are not met","quiz-hint-title12":"For example, you bought an Option - ETH-2022-05-01-1300-Call.||If the ETH price exceeds 1300 USDT on 2022-05-01, the system will automatically issue profit for you. ||If the ETH price is below 1300 USDT on 2022-05-01, there will be no profit.","quiz-fotter-first-text":"You need to pass all {{questionsLength}} questions to be able to trade Options.","quiz-hint-text":"Hints","quiz-answer-title11":"The premium paid||Unlimited||Twice the premium paid||Half the premium paid","quiz-answer-title10":"Time to expiration||Price of the underlying asset||Interest rates||Trading Volume","quiz-question-title12":"Which of the following descriptions about Binance European Options settlement is NOT correct?","quiz-question-title11":"What is the maximum loss an Option buyer can incur with European Options on Binance?","easyMode-predictPriceSelect-empty-text":"Make a general prediction before predicting a price.","Correct":"Correct","futures-video-lesson-question-hint":"Tap to select your answer.","quiz-video-lesson-next-button-hint":"Submit your answer.","orderConfirmation-insufficientHint":"Your available margin may be insufficient to place this order. Go Transfer","orderConfirmation-header":"Order Confirmation","orderConfirmation-notifyHeader":"Order Confirmation Setting","orderConfirmation-notifyBody":"Order confirmation setting adjusted successfully","tradingPanel-settings-orderConfirmation":"Order Confirmation","orderType":"Order Type","orderConfirmation_dontShow":"Don't show again. You can change this setting in Preference.","rejectCode61":"Your account is under 'Reduce Only' mode.","eoptions -iv-tooltip":"The Implied Volatility of Mark Price when the trade filled.","eoptions -IV":"IV","layoutWidget-underlying":"Underlying","listViewWidget-underlying":"Underlying","layout-chartView":"K-Line","layout-listView":"Table","underlying-price":"{{underlying}} Price","layoutWidget-tabs":"Positions","layoutWidget-orderBook":"Order Book","layoutWidget-chart":"Chart","layoutWidget-market":"Market List","layoutWidget-trades":"Trades","size-usdt":"Size ({{quoteAsset}})","size-cont":"Size (Cont)","reduce-only-tooltip":"You're currently in reduce only mode due to insufficient margin. Please either reduce your position or top up your margin funding.","reduce-only":"Reduce Only","impliedVolatility":"IV","impliedVolatility-tooltip":"The Implied Volatility of Mark Price when the trade filled.","expiry":"Expiry","eoptions-callPnLDesc":"You are paying {{maxLoss}} USDT for the right to buy 1 {{underlying}} for ${{strike}} USDT by {{settlementDate}}. If {{underlying}} isn't higher than ${{strike}}, this option will be worthless and you will lose {{maxLoss}} USDT. If {{underlying}} is higher than ${{breakevenPrice}}, you will get a positive net profit. The more {{underlying}} rises, the more profit you will get. The max profit available is {{maxProfit}} USDT.","open-account":"Open Account","eoptions-putPnLDesc":"You are paying {{maxLoss}} USDT for the right to sell 1 {{underlying}} for ${{strike}} USDT by {{settlementDate}}. If {{underlying}} isn't lower than ${{strike}}, this option will be worthless and you will lose {{maxLoss}} USDT. If {{underlying}} is lower than ${{breakevenPrice}}, you will get a positive net profit. The more {{underlying}} falls, the more profit you will get. The max profit available is {{maxProfit}} USDT.","market":"Market","decimalForGreeks":"Decimal places for Greeks","market-strikeFilter-strikeRange":"Strike Range","market-noOptionsFound":"No Options within Strike Range","market-strikeFilter-aroundATM":"Around ATM","market-swapColumnPositionTip":"Swap column position","delete":"Delete","deleteAll":"Delete All","volume-cont":"Volume (Cont)","volume-usdt":"Volume (USDT)","expiration":"Expiration","favorites":"Favorites","removeFromFavorites":"Remove from Favorites","youHaveNoFavorites":"You have no favorites","addToFavorites":"Add to Favorites","vol-usdt":"Vol(USDT)","listViewWidget-favorites":"Favorites","layoutWidget-favorites":"Favorites","order-type-desc-limit-buy-content-1":"
When the current price (A) drops to the order’s limit price (C) or below, the order will execute automatically. The order will be filled immediately if the buying price is above or equal to the current price. Therefore, the buying price of limit orders should be below the current price.
","order-type-desc-limit-buy-content-2":"
For example: 1)The current price in the above graph is 2400 (A). If a new buy/ limit order is placed with a limit price of 1500 (C), the order will not execute until the price drops to 1500 (C) or below.
2) However, if the buy/limit order is placed with a limit price of 3000 (B), which is above the current price, the order will be filled with the counterparty price immediately. The executed price will be around 2400, not 3000.
","order-type-desc-limit-sell-content-2":"
For example: 1) The current price in the above graph is 2400 (A), if a new sell/limit order is placed with a iimit price of 3000 (B), the order will not execute until the price increases to 3000 (B) or above.
2) However, if the sell/limit order is placed with a limit price 1500 (C), which is below the current price, the order would be filled with counterparty price immediately. The filled price will be around 2400, not 1500.
","done":"Done","order-tif-desc-fok-header":"Fill or Kill (FOK) orders must be immediately and fully executed at the order price or better, otherwise, they will be completely canceled.","order-tif-desc-fok-content-1":"
The current best ask price on the order book is 1.9 USDT for ETH Options, with a total of 19.62 contracts available. Depending on the Time-In-Force (TIF) parameter selected by the user, different order outcomes will be generated.
","order-tif-desc-fok-content-2":"
For example: Place an FOK order for 20 contracts of ETH call Options at a limit price of $1.9. Since the best price available is 1.9, which is only sufficient for 19.62 contracts out of the 20 contracts, the entire order will be canceled. Conversely, if the best price exceeds 20 contracts, the entire order will be filled.
","order-tif-desc-gtc-header":"Good Till Canceled (GTC) orders will remain valid until they are fully executed or manually canceled.","order-tif-desc-gtc-content-1":"
The current best ask price on the order book is 1.9 USDT for ETH Options, with a total of 19.62 contracts available. Depending on the Time-In-Force (TIF) parameter selected by the user, different order outcomes will be generated.
","order-tif-desc-ioc-content-1":"
The current best ask price on the order book is 1.9 USDT for ETH Options, with a total of 19.62 contracts available. Depending on the Time-In-Force (TIF) parameter selected by the user, different order outcomes will be generated.
","order-tif-desc-gtc-content-2":"
For example: Place a GTC order for 20 contracts of ETH call Options at a limit price of $1.9, with 19.62 contracts to be executed immediately and the remaining 0.38 contracts to remain valid until executed or manually canceled.
","order-type-desc-bbo-header":"Best Bid Offer (BBO) is another form of limit order. It automatically places your limit buy order at the current best offer price or your limit sell order at the current best bid price. Traders who wish to get the best prices but also want to get their orders filled quickly can use the BBO. View more","order-tif-desc-ioc-header":"Immediate or Cancel (IOC) orders must be partially filled immediately at limit price or better, and the unfilled amount will be canceled.","order-type-desc-bbo-sell-content-2":"
When the Current Price (A) increases to the order's Limit Price (B) or above, the order will execute automatically. The order will be filled immediately if the selling price is below or equal to the current price. Therefore, the selling price of limit orders must be above the current price.
","order-tif-desc-ioc-content-2":"
For example: Place an IOC order to buy 20 contracts of ETH call Options at a limit price of $1.9. The user will buy 19.62 contracts of ETH call Options, and the remaining 0.38 contracts will be canceled simultaneously when the 19.62 contracts are executed.
","order-type-desc-bbo-sell-content-1":"
Look at the 1st Bid price (highest buy side price on order book) for the sell order.
","order-type-desc-limit-sell-content-1":"
When the current price (A) increases to the order's limit price (B) or above, the order will execute automatically. The order will be filled immediately if the selling price is below or equal to the current price. Therefore, the selling price of limit orders should be above the current price.
","order-type-desc-limit-header":"A limit order is an order to buy or sell at a specific price or better. Limit orders are not guaranteed to execute. View more ","order-type-desc-bbo-buy-content-2":"
When the Current Price (A) drops to the order's Limit Price (C) or below, the order will execute automatically. The order will be filled immediately if the buying price is above or equal to the current price. Therefore, the buying price of limit orders must be below the current price.
","order-type-desc-bbo-buy-content-1":"
Look at the 1st Ask price (lowest sell side price on order book) for the buy order.
","heatmap":"Heatmap","openInterest-in-USDT":"Open Interest (USDT)","volume-in-USDT":"24h Volume (USDT)","size-by":"Size by","top-symbols":"Top {{range}} Symbols","date":"Date","range":"Range","indicators":"Indicators","openInterest-short":"Open","openInterest":"Open Interest","historyTabs_hideOtherSymbolsHint":"Other Symbols Hidden","preference_displayed":"Displayed","historyTabs_hideOtherUnderlyingHint":"Other Underlying Hidden","preference_hiddenSection":"Hidden Columns","uiConfiguration":"Preference","styleSetting":"Style Settings","layoutWidget-heatmap":"Heatmap","style":"Style","colorPreferenceRUGD":"Green Down / Red Up","colorPreferenceGURD":"Green Up / Red Down","colorPreference":"Color Preference","styleTraditional":"Traditional","styleFresh":"Fresh","styleCVD":"Color Vision Deficiency","volume-in-cont":"24h Volume (Cont)","optionsBlockTrade-instrumentOverview-title":"Market Overview","role":"Role","optionsBlockTrade-orderRequest-expiry-tooltip":"The request will expire automatically at the expiration time. Click 'Extend' to keep the request valid.","optionsBlockTrade-orderRequest-blockTradeSettlementKey-tooltip":"This is the private key to exchange with block trade counterparty to accept the block trade.","underlying":"Underlying","optionsBlockTrade-settlementNotAllowed-button":"Return to Options","orderId":"Order ID","optionsBlockTrade-settlementNotAllowed-title":"Block Trade Settlement Not Allowed","paste":"Paste","optionsBlockTrade-orderHistory-status-filled":"Filled","optionsBlockTrade-orderHistory-status-accepted":"Accepted","optionsBlockTrade-orderHistory-status-rejected":"Rejected","optionsBlockTrade-settlementNotAllowed-content":"You're not eligible for the Options Block Trade Service. Please contact Options Business team (futures-business@binance.com), or your sales or key account coverage team.","optionsBlockTrade-orderRequest-status-rejected":"Rejected","optionsBlockTrade-orderRequest-status-received":"Received","optionsBlockTrade-orderRequest-status-filled":"Filled","optionsBlockTrade-orderRequest-status-timeout":"Timeout","optionsBlockTrade-orderRequest-status":"Request Submission Failed","optionsBlockTrade-orderRequest-status-accepted":"Accepted","tab-blockTradeHistory":"Block Trade History","extend":"Extend","placeBlockTradeOrderRequest-success":"Request submission successfully.","optionsBlockTrade-executeBlockTrade-success":"Request submission successfully","optionsBlockTrade-executeBlockTrade-failed":"Block Trade Execution Failed.","expired":"Expired","blockTradeSettlementKey-column":"Settlement Key","contracts":"Contracts","optionsBlockTrade-PasteCode":"Paste Settlement Key","tab-blockOrderRequest":"Block Order Request","optionsBlockTrade-createBlockTrade-button":"Create Block Trade","optionsBlockTrade-acceptBlockTrade-title":"Accept Block Trade","optionsBlockTrade-executeBlockTrade-button":"Execute Block Trade","optionsBlockTrade-title":"Options Block Trade","optionsBlockTrade-createBlockTrade-title":"Create Block Trade","amount-in-contract":"Amount (Contracts)","maker":"Maker","noResults":"No results found","optionsBlockTrade-TradeRecords-title":"Trade Records","price-in-usdt":"Price (USDT)","taker":"Taker","notification":"Notification","copiedSuccessfully":"Copied Successfully","order":"Order","optionsBlockTrade-tutorial-step1-content":"Select Options symbol, specify the price and amount to create a block trade request.","optionsBlockTrade-orderRequest-cancel-success":"Cancel Successfully","optionsBlockTrade-orderRequest-extend-success":"Extend Successfully","optionsBlockTrade-tutorial-step2-content":"On Block Order Request, find the Block Trade created, copy the Settlement Key and share with the counterparty you want to trade with.","optionsBlockTrade-tutorial-step3-content":"The counterparty pastes the settlement key in the Accept Block Trade session, confirms the trade details, and executes to complete the trade.","optionsBlockTrade-tutorial-dontShow":"Don’t show again.","optionsBlockTrade-tutorial-step3-title":"Accept and Execute","optionsBlockTrade-tutorial-step2-title":"Exchange Settlement Key","optionsBlockTrade-tutorial-step1-title":"Create Block Request","showingStatus":"Select Status","time-to-expiry-weekly":"Weekly","time-to-expiry-monthly":"Monthly","time-to-expiry-daily":"Daily","time-to-expiry-quarterly":"Quarterly","symbolInfo-contractSize":"Contract Size","symbolInfo-positionLimit":"Position Limit","order-priceSlippage-title":"Price Slippage","symbolInfo-tickSize":"Tick Size","symbolInfo-priceSource":"Price Source","symbolInfo-expiryDate":"Expiry Date","symbolInfo-maxBuyPrice":"Max Buy Price","symbolInfo-settlementCurrency":"Settlement Currency","symbolInfo-minOrderSize":"Min Order Size","order-priceSlippage-content":"Your order price {{orderPrice}} deviates by at least {{alertThreshold}}% from the current mark price. Do you wish to continue?","order-priceSlippage-dontShow":"Don't show again. You can change this setting in Preference.","symbolInfo-minSellPrice":"Min Sell Price","order-priceSlippage-notifyHeader":"Slippage Setting","placeOrder-noBBOPrice":"No BBO price available. Please switch to Limit Order.","order-priceSlippage-notifyBody":"Slippage setting adjusted successfully","symbolInfo-maxOrderSize":"Max Order Size","symbolInfo-expirationType":"Expiration Type","info":"Info","symbolInfo-priceIndex":"{{underlying}} Price Index","placeOrder-what-is-IV-desc":"This is estimated implied volatility based on your order price. IV will change constantly as index price changes or as time gets closer to expiration.","placeOrder-what-is-IV":"What is IV?","placeOrder-max":"Max","placeOrder-impliedVolatility":"IV","placeOrder-min":"min","strikeDistanceCheckbox":"Strike to Index Price Distance","atm-vol-tooltip":"ATM Vol: {{atmIV}}% ({{lowerLimit}}, {{upperLimit}})At-the-money volatility is used to calculate the one standard deviation price range, which is the potential price movement of the underlying asset by expiration. Based on current ATM Vol, there's a 68% probability that the {{baseAsset}} price will stay within {{lowerLimit}} to {{upperLimit}} by expiration.","1SDPriceMovementCheckbox":"Expected Price Range","atm-vol":"ATM Vol","account-adjustEquity":"Adjusted Equity","account-marginRatio":"Margin Ratio","liquidationFeeRate":"Liquidation Fee Rate","account-initialMargin":"Initial Margin","account-adjustEquity-tip":"Adjusted Equity = Margin Balance + Market Value of {{underlyings}} long positions","account-riskLevel-marginCall":"Margin Call","account-maintenanceMargin-tip":"Margin balance required to keep short positions. Liquidation will be triggered when Adjusted Equity drops below Maintenance Margin.","openOptionsAccount-standardUser-tag":"Standard Users","upgradeTradingMode-longShort-advantages":"Flexibility: Build advanced Options strategies, e.g. spread, straddle.","quiz-basic-2025-question-title9":"When does the premium of a European Option on Binance typically increase?","openOptionsAccount-longOnlyAgreement":"I have read and agree to Binance Options Service Agreement.","upgradeTradingMode-quitQuiz-content":"The upgrade will not be completed if you quit the quiz right now. Are you sure you want to quit the quiz?","short":"Short","account-riskLevel-lowRisk":"Low Risk","quiz-advanced-2025-question-title8":"How does Binance Options Settle on Expiration?","show-less":"Show Less","symbol-longShortTag-full":"Long & Short","quiz-advanced-2025-answer-title7":"When Adjusted Equity falls below Maintenance Margin Requirement||When Initial Margin falls below Maintenance Margin Requirement||When an option expires Out of the Money||When user turns on Portfolio Margin Mode","quiz-basic-2025-answer-title10":"Time to expiration||Price of the underlying asset||Interest rates||Trading Volume","account-riskLevel":"Risk Level","openOptionsAccount-openNow":"Open Now","quiz-advanced-2025-question-title6":"What kind of margin mode does Binance Options function on?","openOptionsAccount-riskDisclosure-title":"Risk Disclosure","account-riskLevel-mediumRisk":"Medium Risk","quiz-basic-2025-question-title5":"Which type of Options contract gives the holder the right, but not the obligation, to sell the underlying asset at a specific price on a predetermined date?","quiz-basic-2025-answer-title6":"The price of the Option||Strike Price||Trading Volume||Expiry Date","upgradeTradingMode-longOnly-tag":"Current Mode","quiz-basic-2025-answer-title4":"Put Options||Call Options||Collar Options||Iron Condor","quiz-basic-2025-question-title10":"Which of the following factors does NOT impact the pricing of a European Option on Binance?","upgradeTradingMode-check-shortPut":"Short Put","upgradeLongShortHint-title":"Options short selling is now available.","quiz-basic-2025-question-title1":"Which of the following Options’ styles can be traded on Binance?","upgradeTradingMode-check-longCall":"Long Call","openOptionsAccount-shortContent":"A Binance Option is a type of European Option contract which, unlike American style Options, can only be exercised at expiry, but can be bought or sold at the current market price at any time prior to expiry. By trading Options on Binance, you will be subject to the terms of the Binance Options Service Agreement.","upgradeTradingMode-check-shortCall":"Short Call","quiz-basic-2025-answer-title3":"Stocks||Bonds||Cryptocurrencies||Commodities","quiz-basic-2025-answer-title8":"Maker fee||Taker fee||Exercise fee||Funding rate fee","quiz-basic-2025-question-title4":"Which type of Options contract gives the holder the right, but not the obligation, to buy the underlying asset at a specific price on the expiration date?","quiz-advanced-2025-answer-title2":"The Option Premium received||Unlimited profits||Equivalent to the Strike Price of the Call Option sold||Half the premium received","forceLiquidationWarning-title":"Your positions has been liquidated.","long":"Long","upgradeTradingMode-congrats-okText":"Trade Now","upgrade":"Upgrade","forceLiquidationWarning-content":"Your account has entered liquidation as the margin ratio has reached 100%.","quiz-basic-2025-answer-title5":"Put Options||Call Options||Collar Options||Iron Condor","upgradeTradingMode-startQuiz-title":"Upgrade Quiz","quiz-basic-2025-answer-title2":"Anytime before the expiration date||Only on the expiration date||After the expiration date||One week before the expiration date","upgradeTradingMode-check-longPut":"Long Put","quiz-basic-2025-question-title3":"What underlying assets do Binance European Options reference?","quiz-advanced-2025-answer-title4":"The Option Premium received||Unlimited profits||Equivalent to the Strike Price of the Put Option sold||Half the premium received","openOptionsAccount-standardUser-content":"Long Only Trading","openOptionsAccount-longShortAgreement":"I have read and agree to Binance Options Service Agreement and Risk Disclosure.","openOptionsAccount-title":"Open Options Account","position-sell":"Sell","upgradeTradingMode-hint":"This upgrade is irreversible, and you cannot switch back to Long Only mode.","quiz-basic-2025-question-title7":"The strike price of an Option on Binance refers to:","openOptionsAccount-fullContent":"A Binance Option is a type of European Option contract which, unlike American-style Options, can only be exercised at expiry, but can be bought or sold at the current market price at any time prior to expiry. \n\nOptions trading is a highly risky endeavor with the potential for both great profits and significant losses. \n\nThe maximum loss of an Options buyer is the amount of premium paid to purchase the Option. An Options seller may however lose the entire amount of margin posted to collateralize its position and risks being subject to liquidation if sufficient margin is not maintained. \n\nOptions trading is restricted for users from certain regions. Only certain users will be eligible to act as Option Sellers. \n\nBy trading Options on Binance, you will be subject to the terms of the Binance Options Service Agreement.","startQuizModal-title-advanced":"Options Advanced Quiz","quiz-basic-2025-question-title6":"The premium of an Option on Binance refers to?","startQuizModal-title-basic":"Options Basic Quiz","quiz-advanced-2025-hint-title6":"There is no risk netting on Binance Options by default.","quiz-advanced-2025-answer-title5":"The premium received||Unlimited Loss||Equivalent to the Strike Price of the Put Option sold||Half the premium received","quiz-advanced-2025-answer-title3":"The premium received||Unlimited Loss||Equivalent to the Strike Price of the Call Option sold||Half the premium received","quiz-basic-2025-question-title12":"Which of the following descriptions about Binance European Options settlement is NOT correct?","upgradeTradingMode-longShort-tag":"New Mode","quiz-basic-2025-answer-title12":"Automatically settled - Options will be settled on the expiration date, and profit will be sent to the option holder’s wallet automatically||Settled in USDT - the option holder receives the profit in USDT||Profit received - the option holder receives the difference between the strike price and the market price of the underlying asset||The option holder can receive the profit anytime even when the exercise conditions are not met","quiz-advanced-2025-question-title3":"What is the maximum loss an Option Writer can incur from selling Call Options?","upgradeLongShortHint-content":"Interested in short selling Options? Upgrade Now","quiz-basic-2025-hint-title12":"For example, you bought an Option - ETH-2022-05-01-1300-Call.||If the ETH price exceeds 1300 USDT on 2022-05-01, the system will automatically issue profit for you. ||If the ETH price is below 1300 USDT on 2022-05-01, there will be no profit.","quiz-basic-2025-answer-title1":"American Options||Asian Options||European Options||Bermudan Options","quiz-basic-2025-question-title11":"What is the maximum loss an Option Buyer can incur with European Options on Binance?","upgradeTradingMode-congrats-title":"Upgrade request submitted successfully","quiz-advanced-2025-question-title9":"On expiration, what happens to the Option Buyer when a Short Put Option position expires In The Money (ITM) on Binance Options?","position-buy":"Buy","quiz-advanced-2025-answer-title8":"Physical settlement in the underlying Spot Token (e.g., BTC Options settled in BTC Spot)||Cash settlement in USDT||Physical settlement in the underlying Delivery Futures (E.g., BTC Options settled in BTC Delivery Futures)||Cash settlement in USDC","quiz-basic-2025-answer-title11":"The premium paid||Unlimited||Twice the premium paid||Half the premium paid","quiz-basic-2025-question-title8":"Which of the following fees is NOT charged on Binance European Options trading?","quiz-advanced-2025-question-title5":"What is the maximum loss an Option Writer can incur from selling Put Options?","upgradeTradingMode-title":"Upgrade Trading Mode","upgradeTradingMode-congrats-content":"You can refresh later to check your account upgrade status. Once the upgrade is successful, you can start short selling options.","account-riskLevel-liquidation":"Liquidation","quiz-advanced-2025-answer-title6":"Multi-Asset Mode||Portfolio Margin||Isolated Margin||Cross Margin","quiz-basic-2025-answer-title7":"The market price of the underlying asset||The premium paid for the Option||The predetermined price at which the Option can be exercised||The profit earned from the Option trade","quiz-basic-2025-answer-title9":"When the time to expiration decreases||When market volatility decreases||When market volatility increases||When the Option's Open Interest decreases","openOptionsAccount-professional-content":"Long & Short Trading","startQuizModal-content":"Before start trading, let's refresh your knowledge and make sure you understand how to manage risks.","quiz-advanced-2025-answer-title9":"The Option Buyer will be assigned Long Futures position on the underlying at the Strike Price of the Put Option||The Option Buyer will be assigned Long Spot position on the underlying at the Strike Price of the Put Option||The Option Buyer will be assigned Long Call Option position at the Strike Price of the Put Option||The Option Buyer’s Wallet Balance will be adjusted/impacted by the difference between the Settlement Price and the Strike Price of the Put Option","marginCallWarning-title":"Your account is now under Margin Call.","openOptionsAccount-choseMode":"Choose Options Trading Mode","openOptionsAccount-riskDisclosure-content":"
You hereby acknowledge and confirm:
High Volatility
You understand that options trading with respect to digital assets has a high risk profile and is ahighly speculative activity involving rapidly fluctuating markets.
Margin
You understand that if you are a qualifying user who is permitted to write/issue option contracts andtake short positions in respect of options, you may be called upon at short notice to make additionalmargin deposits or interest payments. All of your margin balance may be liquidated if prices moveagainst you.
Not Financial Advice
Binance is not liable for any losses you may incur and does not provide financial or investment advice.
Trade Responsibly
For more information, please refer to our Responsible Trading Page and the Binance Risk Warning.
Terms of use
You have read, understood and agree to be bound by the Binance's Exchange Rules, Binance's Clearing Rules, and Binance Terms of Use.
","quiz-basic-2025-question-title2":"When can European Options be exercised on Binance?","upgradeTradingMode-longOnly-description":"The Long Only trading mode is designed for beginners to capture price change profit by buying Call or Put Options with loss protection:","quiz-advanced-2025-question-title4":"What is the maximum profit an Option Writer can gain from selling Put Options?","openOptionsAccount-professional-tag":"Professionals","quiz-advanced-2025-question-title2":"What is the maximum profits an Option Writer can gain from selling Call Options?","quiz-advanced-2025-question-title7":"When will a user’s Option positions be liquidated?","upgradeTradingMode-quitQuiz-title":"Quit the quiz?","quiz-advanced-2025-question-title1":"What is Options Writing?","marginCallWarning-content":"Account margin ratio has reached 80%. Transfer in more funds or reduce short positions to avoid liquidation.","quiz-advanced-2025-answer-title1":"Closing an existing long option position||Buying Options||Selling Options to collect Option Premium||Buying Futures","account-riskLevel-highRisk":"High Risk","account-marginRatio-tip":"Margin Ratio (MR) = Maintenance Margin / Adjusted Equity. Adjusted Equity = Margin Balance + Market Value of {{underlyings}} long positions. \nPositions will be liquidated once Margin Ratio reaches 100%.","upgradeTradingMode-startQuiz-content":"To complete the upgrade, you must complete this quiz first.","upgradeTradingMode-advantages":"Advantages","upgradeTradingMode-longShort-description":"The Long & Short trading mode is designed for professionals to build Options strategies combining long and short positions:","quiz-advanced-2025-title":"Options Advance Quiz","reduceOnly-true":"True","tourAround-closePosition-longShort-content":"
Close position by selling Long positions or buying to cover Short positions on the trading panel, or close directly on the position.
Use Limit order to sell at a specified price higher than the sell price floor, or BBO order to sell at the best available price on the order book.
","tourAround-closePosition-longOnly-content":"
Close position by switching to Close Mode, or close directly on the position.
Use Limit order to sell at a specified price higher than the sell price floor, or BBO order to sell at the best available price on the order book.
","tourAround-shortSellOptionStrategy-title":"Short Sell Options Strategy","reduceOnly-tips":"Reduce Only is used to strictly reduce your open positions without opening new ones.","quiz-advanced-2025-question-title10":"On expiration, what happens to the Option Buyer when a Short Call Option position expires Out of The Money (OTM) on Binance Options?","tourAround-shortSellOptionStrategy-content":"
Eligible users can short sell Options to earn Options premium or build complex Options long/short strategies.
Monitor your margin ratio and risk level. When the margin ratio reaches 100%, your positions will be liquidated.
","upgradeTradingMode-longOnly-advantages":"Lower Risk Exposure: Your maximum loss is limited to the premium paid, with no risk of unlimited losses.","quiz-advanced-2025-answer-title10":"The Option Buyer will be assigned a Short Futures position on the underlying at the Strike Price of the Put Option||The Option Buyer will be assigned a Short Spot position on the underlying at the Strike Price of the Put Option||Nothing happens||The Option Buyer’s Wallet Balance will be adjusted/impacted by the difference between the Settlement Price and the Strike Price of the Call Option","symbol-longOnlyTag-hint":"This Option can only trade Long positions.","quiz-basic-2025-title":"Options Basic Quiz","symbol-longShortTag-tip":"This Option can trade both Long and Short positions.","upgrade-tips":"Upgrade to Long & Short Trading Mode","reduceOnly-checkbox":"Reduce Only","symbol-longOnlyTag-full":"Long Only","reduceOnly-false":"False","symbol-longShortTag":"L&S","symbol-longOnlyTag":"L","optionDiscountPromo_title":"Enjoy a 20% trading fee discount on newly-listed Options Contracts!","markPrice":"Mark Price","position-entryPriceTooltip":"Average executed buy/sell price for your current long/short position.","entryPrice":"Entry Price","position-markPriceTooltip":"Theoretical Options fair price based on Black-Scholes Model.\nDue to the data update frequency, the displayed price may differ from the Mark Price in the Order Book area.","position-roiTooltip":"ROI% = (Mark Price - Average Price) * Side / Average Price","optionUpgradeNotice_title":"The Options system migration has been successfully completed. Please update to the latest app version for smooth usage. Options PnL and certain market data remain temporarily unavailable while post-migration enhancements are being finalized. Please refer to announcements for the latest updates.","optionUpgradeOngoing_title":"The Options system is currently undergoing a scheduled maintenance upgrade and is expected to be completed around 2025-12-15 05:45 (UTC). Please stay tuned to the announcements for the latest updates.","orderHistory-status-canceled":"Cancelled","tab-volatilityIndex":"Volatility Index (BVOL)","openOptionsAccount-longShortAgreement-with-exchange-and-rules":"I have read and agree to Binance's Exchange Rules & Clearing Rules and Risk Disclosure.","reduce-only-disabled-tips":"{{baseAsset}} does not support short selling, it only supports closing positions.","openOptionsAccount-longOnlyAgreement-with-exchange-and-rules":"I have read and agree to Binance's Exchange Rules & Clearing Rules.","listViewWidget-putTrades":"Put Trades","listViewWidget-callTrades":"Call Trades","tradingPanel-settings-feature":"Features","favorites-empty":"Currently your favorite list is empty.","mobile-mark-price":"Mark Price"}