A question that may come to mind for those of you are unfamiliar with the world of trading is what are binary options? Binary options, digital options or fixed return binary options enable you to become very rich in a very short time period. Binary options are a category of options that have some exclusive features. If we look at binary options we can compare them to vanilla options, this will help us understand in a lot more detail of what are binary options? There are so many reasons of why a lot of us ask what are binary options? Don’t get me wrong – a lot of people already know what are binary options? However, because binary options have become the talk of the century and everyone wants to get in on it, it’s no wonder that so many questions have been asked about what are binary options?
If you are wondering what are binary options, you have to look at a comparison because this will enable you to become a genius and understand the ins and outs of binary options. Binary options have a lot of important features that you will need to come to terms with. Without understanding these features you will not know what are binary options. Amongst these features are the expiry times, strike price, in and out of the money. Vanilla options may have overlapping features, buy the thing is that when speaking about expiry times, the most important thing isn’t necessarily the expiry time itself, it may be the price before the expiry time is hit. This is for those of you that really want to know what are binary options one of the most important things is the expiry time. We will make a comparison of what are binary options and vanilla options.
If a certain price is hit before the expiry time, this will take precedence and this will determine how much you receive from your broker. However, when looking at what are binary options there are significant differences that you need to know right now. Only the price at the expiry time is important in determining how much money that you are entitled to receive. Therefore you need to take this into account from the very initial stages of when you decide to trade binary options. This will actually have to play into your way of thinking because when you pick the expiry time from the beginning a wise trader will understand that only the expiry time is important to him. So you must really think in these terms if you want to be successful with binary options in the future.
There are a number of phrases that are quite exclusive to binary options. This means that if you want to know what are binary options then you have to come to terms with these 2 phrases because only understanding the basic binary options terminology will make you a winner. We all want to be winners – therefore take into account that when it comes to what are binary options only in the money means you are a winner. In this case you are entitled to your original deposit plus profits. The other scenario is out of the money which means you are also entitled to a percentage of your deposit. These categories of what are binary options shows you that you can always make money and after reading all of this you won’t need to ask what are binary options? From now binary options should be as easy to you as the ABC!