Lesson 16 of 17Advanced6 min
Daily vs weekly Bitcoin options: which should you trade?
It depends on your side. Sellers often prefer daily Bitcoin options, because time decay is fastest in the last day. Buyers and spread traders often prefer weekly options, because a good idea needs time to work. On Delta Exchange India, BTC has an expiry every day and a weekly one every Friday.
Real Delta Exchange quotes · 24 Sep, 9:39 am ISTFree, no account needed
Fast melt or more time
A seller earns time decay, and decay is fastest in the last day. A buyer needs the move to arrive before the deadline.
Sellers often prefer short expiries and small ranges. Buyers of spreads often prefer the weekly, so a good idea has time to work.
Profit or loss if the price is 83,927(today's price)
| Date | Profit / loss |
|---|---|
| On target dateThu, 24 Sept | −0.14loss |
| On expiry dateFri, 2 Oct | +21.5profit |
Move over the graph to read any price; tap or click to set it as the target.
The price has not moved. You start 0.14 down: the gap between the price you dealt at and the market's mid price. That is the cost of entering, and time decay earns it back.
Who benefits most from a quiet last day before expiry?
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Next: Making it automaticKey terms
- Daily expiry
- Options that expire the same or the next day.
- Weekly expiry
- Options that expire on Friday.
- Monthly expiry
- Options that expire on the month's last Friday.
- DTE
- Days to expiry.
Questions people ask
What time do Bitcoin options expire on Delta Exchange?
At 5:30 pm India time (12:00 UTC), for daily, weekly and monthly contracts alike.
Are daily options riskier?
They move faster. Near expiry an at-the-money option's value swings hard on small Bitcoin moves, so gains and losses both arrive quickly.
Do fees matter more on daily options?
Yes. Daily premiums are smaller, while the fee is a share of the notional, so it takes a bigger share of what you collect.
Decay versus time
A seller earns time decay, and decay is fastest in the final day. A buyer pays for time and needs the move to arrive before the deadline. Choosing the expiry is choosing which of those you want.
Only crypto has a Bitcoin expiry every day
Most stock markets offer weekly contracts at best. Bitcoin on Delta Exchange India expires every single day, so a seller can take one day of risk at a time, and a buyer can match the expiry to exactly how long an idea needs.
Same strategy, different expiry
A strangle on the daily expiry collects less premium but settles quickly; the same strangle on the weekly collects more but has longer to go wrong. Algoclear strategies can pick the nearest daily, the weekly or the monthly by rule, and choose strikes fresh each time.
Written by the Algoclear team · Updated 22 September 2026 · Examples use Bitcoin options on Delta Exchange India.
Practise it on real prices.
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Start freeOptions trading carries risk, and you can lose money. Algoclear is a trading tool, not investment advice.