Skew Learn
Choosing a strike and expiry
Match a price view to the condition and observation time of a listed contract.
A strike is the price boundary in a listed condition. The expiry defines when the condition is observed. Two contracts on the same asset can have different strikes, observation windows, and prices.
Start with your view and time horizon. Then compare only the contracts that match both. Read whether the rule checks the final observed price, an average, or something else; crossing a strike earlier may not be enough.
Example: the same direction can produce different results
Imagine two Bitcoin contracts with an $80,000 strike, one expiring Friday and one the following Monday. Bitcoin could finish above the strike on Friday and below it on Monday, so their outcomes could differ even though both mention the same asset and level. In a documented above-strike weekly contract, equality at the strike pays No; another market's exact rules must be checked separately.
What to check next
Write your view as a complete sentence with the asset, condition, level, and observation time. Then compare only listed contracts that actually match that sentence.
This is a general explanation. The current contract, quote, and settlement rules in the app govern a trade.
Explore markets