A late move above your gold call's strike can still leave it with zero payout on #Binance .
Starting with the Nov 23 expiry at 5 p.m. ET, Binance Commodity Options will settle on the average Binance Futures Index Price over the final 30 minutes. The old rule used the underlying market's closing price. Earlier expiries keep the old rule, even if Binance processes settlement later.
If the #XAU index ends above your strike but its 30-minute average finishes at or below it, the call expires worthless. Near expiry, compare that average with your strike before counting on the payout.
Starting with the Nov 23 expiry at 5 p.m. ET, Binance Commodity Options will settle on the average Binance Futures Index Price over the final 30 minutes. The old rule used the underlying market's closing price. Earlier expiries keep the old rule, even if Binance processes settlement later.
If the #XAU index ends above your strike but its 30-minute average finishes at or below it, the call expires worthless. Near expiry, compare that average with your strike before counting on the payout.
