Dated Options

Expiries and listing schedule

Available expiries

Paradex lists Dated Options across three expiry cycles:

CycleContracts listedExpiry day
Daily1, 2, 3 days outDaily at 08:00 UTC
Weekly1, 2, 3 weeks outFriday at 08:00 UTC
Monthly1, 2, 3 months outLast Friday of the month at 08:00 UTC

CL (Crude Oil): Only 2 weekly expiries are listed (1w and 2w). Daily and monthly cycles are not available for CL. If an expiry falls on a weekend or public holiday (per the Pyth CL calendar), it rolls to the next business day.

Listing schedule

New contracts are listed automatically on the following schedule:

Listed every day at 04:00 UTC.

Strike listing

Strikes are dynamically classified based on call delta:

MoneynessCall delta range
ATM0.40 - 0.60
Outer0.20 - 0.40 and 0.60 - 0.80
Wings< 0.20 or > 0.80

Strikes are automatically listed for deltas between 0.10 and 0.90, and the listing process runs every 8 hours at 04:00, 12:00, and 20:00 UTC.

Strike step sizes

Each moneyness bucket uses a different step size depending on the underlying asset:

Time to ExpiryATMOuterWings
8h–7d$500$500$1,000
7d–1m$1,000$1,000$2,000
1m–3m$1,000$2,000$5,000
> 3 months$2,000$5,000$10,000