What Are Binary Options?

trading platformA binary option is an option where the trader uses a position of yes or no regarding the price of an asset. It has an all or nothing payoff. They are cash settled options that can only be exercised on the date they expire. Binary options also offer a full payout regardless of the settlement of the asset price. Additionally, “all or nothing” can actually generate something. In other words, with binary options when the option expires, the owner may still receive a payout amount.  Many investors want to know “what are binary options”, and hopefully this article will explain just that. Continue reading