Author Topic: Binary Options  (Read 876 times)

Vagabond76

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Binary Options
« on: October 12, 2016, 06:30:26 PM »
A family member of mine started "investing" in offshore binary options.

A binary option is essentially an all-or-nothing bet that a security will do something in a set amount of time.  This is vastly different than a normal option, where the trader can purchase the right (but is not obligated) to buy or sell a security at a set price in the future.

The timeframe can be anywhere from 60 seconds to a year. If he wins, he gets a 75% return. If he loses, he gets a 100% loss.

Sounds like a great deal right?

solon

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Re: Binary Options
« Reply #1 on: October 12, 2016, 09:46:58 PM »
What a great business idea!

I'm off to the Caymans to set this up!

Scandium

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Re: Binary Options
« Reply #2 on: October 13, 2016, 06:44:25 AM »