This is very important to get a
basic understanding of what options are and how they work before diving into binary options
By tradition, an “option” contract
gives the holder the right to buy or sell an asset at a predetermined price
within a certain period of time (or by an expiration date). Note that the
holder is not obligated to buy or sell at the predetermined price, he merely
has the option to do so if he wishes to. That’s why they’re called options, yo!
We found two kinds of options there:
calls and puts. And for this brief overview, we’ll only quickly cover the
mechanics of option buying.
1.
Call
2.
Buy
