What is Binary

What is Binary

Should we have to know that the business we are going to do,,,,?
if we have an option than what kind of it? Binary Option?

• Definition of 'Binary Option'       

Ok here we have a kind of option in which the Profit is based

 to be either a fixed amount of return if the

deal expires in the money, or nothing at all if

the deal expires out of the money.

These kinds of options are different from plain vanilla options

These are also sometimes calld as "all-or-nothing options" or "digital options"

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Let's explains 'Binary Option'

For example, suppose you were interested in buying binary call options for common
shares of ABC company with a strike price of $50 per share and a specified binary
payoff of $500. If the stock is trading above $50 at the time of expiration date is reached,
 you would receive the $500 Return for your option contract. However, if the stock is trading
below $50 per share at the expiration time, you receive nothing.