What People Need To Know About Binary Options

Binary option, also known as digital and all-or-nothing option, is a type of financial instrument, where the contract payoffs between two parties are either a fixed amount of asset or none at all. It is classified in two main types: the cash-or-nothing and the asset-or nothing binary option, with both involving an expected goal and an ultimatum. If, for example, a person bought a binary cash-or-nothing option at $200 with a payoff of $2000, come maturity date, if the stock value is above $200, he or she will be able to receive $2000 from the other party he is dealing with. However if it does fall below $200, he

Read more ...