Instruments GuideOptionsBTC options configurationCopy pageThe reference configuration for the BTC Dated Options contract: ParameterValueProduct typeDated European OptionSymbol formatBTC-USD-{Expiry}-{Strike}-{Type}Base currencyBTCQuote currencyUSDSettlement currencyUSDCPrice tick size0.01 USDOrder size increment0.001 BTCMinimum order value20 USDMaximum order size100 BTCMaximum open orders150Position limit20 BTCSpot band factor30%IV band factor30%