Types of binary options

1. Call\\Put Options: when working with these options, a trader determines the trend of the price relative to the value of the instrument that was relevant at the moment of purchasing the option. If a trader bids on the option value increase, the Call Option is exercised (bought). If the asset value is predicted to decrease, the Put Option is exercised (bought).

In the case of Call\\Put Options, the trend market is more suitable for them. This type of option is recommended for trend trading, as the probability of losing in this trade is reduced. In the case of working with a very volatile market, it is recommended to use other types of options.

Summary:

Call – a trader makes a profit if after the expiration date the asset value is higher than at the moment of opening transaction.

Put – a trader makes a profit if after the expiration date the asset value is lower than at the moment of opening transaction.

Recommendation: It is recommended for the trend market

2. One Touch\\No Touch Options: when working with these options, a trader predicts that the asset price will reach a certain level (One Touch) or will not reach it (No Touch) on the expiration date. After the cost of the instrument reaches a set level, its further movement does not matter.

If you have small amounts and want to get a high profit as soon as possible, it is recommended to use the One Touch Option. Working with the One Touch Option can bring a trader up to 600% of the amount paid per transaction. The main condition for obtaining income when working with One Touch, is to touch or overcome the level of the asset value set by a trader.

Summary:

One Touch – a trader makes a profit if after the expiration date the asset value touches the set price level.

No Touch – a trader makes a profit if after the expiration date the asset value does not touch the set price level.

Recommendation: It is recommended to use the One Touch Option if a trader is confident that the predicted price level can be reached. It is better to use the No Touch Option in Asian markets.

3. In/Out Options – when working with the IN Option, a trader predicts the price movement in a certain range and gets a profit if the price does not exceed the set limits (frames) in a certain period of time. When working with the OUT Option, a trader bids for the fact that the asset value will exceed the price levels set by him/her in a set period of time.

When working with the In/Out Options, each trader must bear in mind that successful trading with these options primarily depends on the type of selected market. For example, the IN option will not be effective in the trend market, while the OUT Option is perfect for such market conditions.

Summary:

IN – a trader makes a profit if after the expiration date the asset price does not exceed the set limits.

OUT – a trader makes a profit if after the expiration date the asset price exceeds the set limits.

Recommendation: It is better to use the IN Option during the “quiet” sessions. The OUT Option is suitable for working in an active and volatile market.

4. 60 seconds Options – this type of options is completely identical to the “Up/Down” type by its mechanism. 60 seconds Options only differs in the expiration period. The expiration period of these options ranges from 0 to 60 seconds.

A trader who sets the goal of obtaining the trading results as quickly as possible will be able to achieve the intended goal using this type of options.

Summary:

Call – a trader makes a profit if after the expiration period (no more than 60 seconds) the asset value is higher than at the moment of transaction opening.

Put - the trader makes a profit if after the expiration period (not more than 60 seconds) the asset value is lower than at the moment of transaction opening.

Recommendation: When trading 60 seconds Options, a trader should take into account high risks, because it is difficult to analyze and predict market behavior in the conditions of trade that these options create. These options are recommended for the trend market.

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