Lesson 8 of 17Beginner4 min

What is the Delta Exchange lot size for Bitcoin options?

One Bitcoin option lot on Delta Exchange India is 0.001 BTC. Option prices are quoted per one Bitcoin, so a quote of 1,000 costs 1 USDT per lot. Ten lots, 0.01 BTC, cost 10 USDT, and every 1,000 the option's price moves is 10 USDT to you.

Real Delta Exchange quotes · 24 Sep, 9:39 am ISTFree, no account needed

One lot is 0.001 Bitcoin

Prices on the chain are per one Bitcoin. Your position is in lots, and one BTC lot is 0.001 Bitcoin.

So a move of 1,000 per BTC is 1 USDT per lot. Ten lots: 10 USDT. A premium of 1,180 per BTC on ten lots costs 11.80 USDT.

Every number in these lessons is for ten lots. Read the arithmetic under the picture: it does this sum for you every time.

The position · expires Fri 2 OctBuy 84,500 call1,498 per BTC10 lots = 0.01 BTC · real Delta Exchange quotes
If Bitcoin is at86,445
+3.0% from today
at expiryFriday
you make+4.47
On ExpiryOn Target Date
40.030.020.010.00.0010.020.030.040.0-1SD+1SDCurrent price: 83,92780,00082,00084,00086,00088,000Profit / loss

Profit or loss if the price is 86,445(your target)

DateProfit / loss
On target dateFri, 2 Oct+4.47profit
On expiry dateFri, 2 Oct+4.47profit

Move over the graph to read any price; tap or click to set it as the target.

  1. The 84,500 call is worth 1,945 per BTC (86,445 − 84,500).
  2. On 0.01 BTC that is 19.45 USDT.
  3. You paid 14.98 USDT for it.
  4. Result: +4.47 USDT.
Max profit unlimitedMax loss 15.0Breakeven 85,998Chance of profit 31%Premium paid 15.0
Quick check

Your call is worth 2,000 per BTC at expiry. You hold 10 lots. How much is that?

Answer the quick check to finish. Your progress stays in this browser.

Next: Breakeven and chance of profit

Key terms

Lot
The unit you trade on the exchange.
BTC lot
0.001 BTC per option lot.
ETH lot
0.01 ETH per option lot, ten times the BTC size.
Gold (XAUT) lot
0.001 XAUT per option lot.
Notional
Price × lots × lot size: the value the position follows.

Questions people ask

How much money do I need to trade Bitcoin options?

To buy, only the premium: a quote of 1,000 costs 1 USDT per lot. To sell, the exchange also holds margin against the open risk, which is more than the premium.

What is the ETH option lot size on Delta Exchange?

One ETH option lot is 0.01 ETH, ten times the Bitcoin multiplier. Gold (XAUT) lots are 0.001 XAUT.

How are fees charged on Delta options?

As 0.01% of the underlying notional, capped at 10% of the premium, plus 18% GST, on entry and again on exit.

The one sum to know

Quote × lots × 0.001 = USDT. A Bitcoin call quoted at 1,180 costs 1.18 USDT per lot and 11.80 USDT for ten lots. If it rises to 1,500, ten lots are worth 15.00 USDT: a 3.20 USDT gain before fees.

Small lots make crypto options accessible

Because one lot is only a thousandth of a Bitcoin, you can learn with positions worth a few dollars. Ten lots, 0.01 BTC, keeps the numbers easy to read, which is why the lessons and demos use it.

Sizing a position

Start from the loss you can accept, not the gain you want. For a bought option, the premium is the worst case. For a sold one, set the stop first, then choose the lots so that stop is an amount you are comfortable losing.

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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Options trading carries risk, and you can lose money. Algoclear is a trading tool, not investment advice.