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Learning, Sharing, and Teaching => Investor Alley => Topic started by: Vagabond76 on October 12, 2016, 06:30:26 PM

Title: Binary Options
Post by: Vagabond76 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?

Title: Re: Binary Options
Post by: solon on October 12, 2016, 09:46:58 PM

What a great business idea!

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

Title: Re: Binary Options
Post by: Scandium on October 13, 2016, 06:44:25 AM

(http://www.gifmania.co.uk/Objects-Animated-Gifs/Animated-Toys/Casino/Roulette/Roulette-Turning-89319.gif)