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Author:	[Investments] Topic: Binary Options
MaddenGuru	View Space \| Blog \| Friends \| Playbook \|
Veteran Joined: Oct 2008 Posts: 1508 Location: New York	#1 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.
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wallstreetcappers	View Space \| Friends \| Playbook \|
Covers Linesmen Joined: Feb 2003 Posts: 47627 Location: United States	#2 Posted: 7/12/2010 8:21:16 PM I have not, but what can you tell me about it?
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MaddenGuru	View Space \| Blog \| Friends \| Playbook \|
Veteran Joined: Oct 2008 Posts: 1508 Location: New York	#3 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.
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wallstreetcappers	View Space \| Friends \| Playbook \|
Covers Linesmen Joined: Feb 2003 Posts: 47627 Location: United States	#4 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.
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MaddenGuru	View Space \| Blog \| Friends \| Playbook \|
Veteran Joined: Oct 2008 Posts: 1508 Location: New York	#5 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.
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gamble04	RSI View Space \| Blog \| Friends \| Playbook \| My Sportsbook: BetJamaica.com \|
Veteran Joined: Sep 2001 Posts: 4809 Location: Texas	#6 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.
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MaddenGuru	View Space \| Blog \| Friends \| Playbook \|
Veteran Joined: Oct 2008 Posts: 1508 Location: New York	#7 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.
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Vermeer	View Space \| Friends \| Playbook \|
Veteran Joined: Dec 2006 Posts: 2910 Location: Virginia	#8 Posted: 7/16/2010 1:10:14 PM Frankly, this sounds like the old style "bucket shop" operations of long ago...
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razahaza151	RSI View Space \| Friends \| Playbook \|
Banned Joined: Feb 2008 Posts: 10 Location:	#9 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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