Tap here to turn on desktop notifications to get the binary options korea sent straight to you. What exactly are binary options?
Binary options are simply a financial instrument that give a trader to purchase an option based on how the traded understands the movement of a price of an underlying asset. It is similar to more traditional, vanilla options because it is also an agreement between two parties to CALL or PUT on a financial security at a specific price or within a certain expiration period. With binary options the two parties are the trader and the binary options brokerage firm. The amount of return you receive on a CALL or PUT option is an agreed upon percentage based on if the options expires in the money or out of the money. When you correctly anticipate the trend of an underlying asset within the allotted time, the option is said to “expire in the money”. When you incorrectly anticipate the trend of an underlying asset, the option is said to “expire out of the money”.