Bybit Launches SPCX and NVDA Perp Options

Key Takeaways

• Bybit says SPCX and NVDA Perp Options are live, with round-the-clock trading and settlement in USDT.
• The options reference the exchange's perpetual contracts and have expiry dates; they do not deliver company shares.

Details

Bybit announced the launch of SPCX and NVDA Perp Options on September 17, 2026, setting the first trading session for 20:00 UTC. The two products reference its SpaceX- and Nvidia-linked perpetual contracts.

The offering operates within Bybit's Unified Trading Account and supports fractional contract sizes. The exchange lists Tesla, QQQ, SOXL and Micron among planned additions, rather than the initial launch pair. Access requires an eligible, verified Bybit account.

According to Bybit's product specifications, updated September 11, these are European-style options, exercisable at expiry and settled in USDT. A buyer can lose the entire premium, while an uncovered call seller faces potentially unlimited losses.

Market Analysis

The launch adds an options layer to Bybit's existing stock-linked derivatives. The relevant price reference is particularly important outside US market hours: Bybit's FAQ says its index excludes traditional data feeds that stop updating and uses the remaining crypto-market sources. That allows the reference price to change while the underlying stock market is closed.

Continuous trading also operates alongside a fixed expiry calendar. Bybit skips expirations on weekends and underlying-market holidays, with settlement based on the index's average over the final 30 minutes. The contracts provide price exposure without shareholder voting or dividend rights.

Note: This article is for news reporting purposes only and does not constitute investment advice.