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For example, if you own an option contract for Apple or Google, that contract has worth all by itself, despite the fact that you own no shares in the company. The mere fact which you have a contract to buy or sell shares in the future has a value in and of itself. Option contracts expire at some time in the future – minutes, hours, weeks, months or perhaps years, depending upon the particulars of the contract. Upon expiration, an option contract becomes worthless. So those who invest in options must do something with them, buy or sell, sometime before they expire. Binary Options, also known as Digital Options, is the trading of particular financial instruments within an allotted time span. The chief differences from traditional trading are firstly the instrument is never really held by the dealer and secondly once the allotted time is up (meaning the trade has expired), the dealer has either benefited or lost but the commerce is now closed. But if the options move outside the set...