Binary Options
Binary options, also known as digital options, bet options, or all-or-nothing options, are contracts which have only two possible outcomes - either they win, or they lose -- therefore binary by nature.
A binary option involves a fixed payout after the underlying stock meets or exceeds its predetermined threshold or strike price.
Values of binary options payouts are determined at the start of the contract and aren’t affected by the magnitude of movement of the stock value.
Binary call options pay the predetermined amount providing the price of the underlying security exceeds the strike price at expiration.
Similary, binary put options pay the predetermined price if the price of the unerlying security is trading at less than the option strike price at expiration.
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Binary Call Options
Binary call options gain value when the underlying security is trading at more than the strike price at expiration. Select "Call" to bet that the underlying security will exceed the option's strike price at expiration.
Binary Put Options
Binary put options gain value when the underlying security is trading at less than the strike price at expiration. Select "Put" to bet that the underlying security will fall below the option's strike price at expiration.
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