What are Binary Options? Binary options, also known as “all or nothing” options, are a type of financial asset that offer a fixed payout or nothing at all, depending on whether a certain condition is met at the time the option expires. The basis of a binary option is the choice of options between “yes” or “no”. For example, will the price of gold be above $1,500 an ounce at 12:00? If you think the answer is yes, you buy the option. If you think the answer is no, you are selling the option. Binary options are called so because…
Sunday, June 7