Posted:
#1
Anyone have any knowledge/success about this stuff??
Seems pretty straightforward just wondering if anyone had any insight.
Thanks in advance. 
Binary Options
Views: 1038
Posts: 9
Posted:
#3
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.
Posted:
#9
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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