binary option tradeby Wesandri Yusir Internet Marketer
In finance, a binary option is a type of option in which the payoff can take only two possible outcomes, either some fixed monetary amount (or a precise predefined quantity or units of some asset) Recommended Features
Review on binary option tradeWhen you trade binary options, you are essentially betting on whether the value of the underlying security will be above or below a predetermined price (the strike price) when the option expires. If you believe the value will go above the strike price, you purchase a call option, and if you believe the value will go below the strike price, you purchase a put option. Therefore, there are only two possible results:
You were correct in your prediction! You receive a set amount of cash, or a fixed amount of the asset.
You were wrong. You essentially lose the money used to purchase the option.
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Created on Jul 21st 2015 08:44. Viewed 475 times.
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