Binary Options

Forum: Investments
Author: [Investments] Topic: Binary Options
MaddenGuru PM MaddenGuru
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Posted: 7/12/2010 4:19:45 PM

Anyone have any knowledge/success about this stuff??

Seems pretty straightforward just wondering if anyone had any insight.

Thanks in advance.

wallstreetcappers PM wallstreetcappers
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Posted: 7/12/2010 8:21:16 PM
I have not, but what can you tell me about it?
MaddenGuru PM MaddenGuru
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Posted: 7/13/2010 2:20:25 AM
From what I have been reading, basically it is an option with a fixed outcome with a short expiration (usually within an hour or the end of the day).

Buy a call if you think the security will expire above the strike price, buy a put if you think it will expire below.  Here is where it gets interesting...

If you are correct you receive anywhere from 65-75% of profit...if you are wrong you receive 10-15% of your investment back.

Example...Google is at $300 right now...I buy a $100 call option betting that it will end the day higher than that. $100 is removed from my account for the purchase of this call option. Google ends the day at $301. My account receives $170. If Google ends the day at $299 my account receives only $15 back.

Seems like betting over/unders with juice but I was just wondering if anyone had any experiences with it good or bad.
wallstreetcappers PM wallstreetcappers
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Posted: 7/13/2010 11:35:54 AM
That seems wacky..so your up and down is limited but you are trading them intra-day.

I will read up on them and see if I can find out more.
MaddenGuru PM MaddenGuru
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Posted: 7/14/2010 2:44:02 PM
QUOTE

Originally Posted by wallstreetcappers:

That seems wacky..so your up and down is limited but you are trading them intra-day.

I will read up on them and see if I can find out more.

gamble04 PM gamble04
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Posted: 7/16/2010 6:58:23 AM
That info about binary options is not accurate.  You will not receive anything if you are wrong and prices are fixed when you purchase them.
MaddenGuru PM MaddenGuru
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Posted: 7/16/2010 7:54:37 AM
Please elaborate? All of the brokerage sites I have been on have a 10-15% return of investment if your option doesn't finish in the money.
Vermeer PM Vermeer
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Posted: 7/16/2010 1:10:14 PM
Frankly, this sounds like the old style "bucket shop" operations of long ago...


razahaza151 PM razahaza151
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Posted: 7/19/2012 4:53:48 PM
Im trading them now...I get 10% back on every loss...Seriously though its the same as sports betting...its just like doing over unders in my opinion..Ive won some lost some...I like the action to much so i usually make shitty trades but whatever..What site are you trading on? Theres a cople good ones but i like to stay in the states..any suggestions
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