It is common these days to trading commodities and investing in Crude oil, however, there are several binary option instruments that are available in the market.
These instruments offer flexibility and enough choice for investors to choose from.
- High/Low: This is a common instrument offered by top players in the market such as Opteck Inc. These options allow the user to choose or predict whether the market price will close above or below the current market price. In a Call option, users usually predict an uptrend and foresee that the price must stand above the striking price at the time of the trade’s expiry time. Likewise, in a put option, the user predicts downtrend and foresees that the price must stand below the striking price at the time of the trade’s expiry time
- On Demand i.e. Time Based options instrument: In this case, the user can make quick and profitable returns with a set of expiry times set between 1 minute to 1 hour. As the user trades options within this time range, the returns would ideally be high, is what is assumed.