Bybit Takes Stock Options Beyond Wall Street’s Trading Clock

• Bybit will launch options on SpaceX and Nvidia stock perpetuals on Sept. 17.
• Contracts will trade 24/7 and settle profits and losses in USDT.
• Fractional lots remove the conventional 100-share options contract size.
• Tesla, QQQ, SOXL and Micron are among the underlyings planned next.

Bybit is taking a market structure built around crypto and applying it to U.S. equity exposure. The exchange announced that Perp Options, which it describes as the industry’s first options contracts based on stock perpetuals, will launch on Sept. 17 at 8 p.m. UTC with contracts tied to SpaceX (SPCX) and Nvidia (NVDA).

Unlike conventional U.S. equity options, the products will remain tradable 24 hours a day, seven days a week and settle in USDT.

The more significant development is not simply that another exchange is adding stock-linked products. Bybit is combining an equity reference with the trading conventions of crypto derivatives: continuous markets, stablecoin settlement, fractional contract sizes and a unified margin account.

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