The delivery date refers to the date when the buyer and seller of the option require the seller of the option to perform the contract, and the buyer and seller respectively pay each other the currency they purchased according to the contract.
Overview of delivery date
According to different delivery dates, delivery is divided into five types: one is same-day delivery, also known as T+0 delivery. That is, the buyer and seller complete the payment and delivery procedures on the day of transaction. This method allows the buyer and seller to get stocks or cash quickly. Under the T+0 delivery method, investors can sell the stock immediately after the transaction is completed; they can buy the stock immediately after the transaction is completed; the second is delivery the next day, also known as T+l delivery. That is, the delivery procedures for the transaction can be handled on the next business day after the transaction is completed; the third is routine delivery, that is, after the transaction is completed, the buyer and the seller shall perform payment and delivery in accordance with the regulations or practices of the stock exchange; the fourth is optional delivery, that is, the buyer and seller independently Select the delivery date. This delivery method is usually used in over-the-counter transactions; fifth, delivery on the issuance day. This delivery method is suitable for the issuance of new shares.