Mike Chainster
A trader with more than 10 years of experience in the field of Forex, stock trading, and digital options. Mike specializes in technical analysis. He is fond of Japanese candlesticks considering them as one of the strongest tools for traders to predict price fluctuations.
A trader with more than 10 years of experience in the field of Forex, stock trading, and digital options. Mike specializes in technical analysis. He is fond of Japanese candlesticks considering them as one of the strongest tools for traders to predict price fluctuations.
All Articles
2 min read
options trading
Underlying Asset
An underlying asset in digital options trading stands for a currency pair, commodity, cryptocurrency, stocks, or any other financial instrument that acts as an underlying asset in a contract (Higher or Lower). When buying a specific digital contract for an asset, a trader tries to predict whether it...
31 Jul, 25
2 min read
options trading
Expiration (Expiry Time)
Expiry Time or Expiration stands for the exact moment in the future when the digital options contract ends and the results are calculated. Expiration can be short and even mid-term, allowing market participants to apply different types of strategies. For instance, at Binolla, expiration can be set f...
31 Jul, 25
2 min read
options trading
Strike Price
The strike price in digital options refers to the price of the asset at the moment when you buy a digital option contract. It determines whether the trade closes in the money or out of the money. When a trader buys a digital option contract, the platform records the strike price. At the moment when ...
31 Jul, 25
2 min read
options trading
Payout (Profitability)
Payouts in digital options mean the percentage of return that you receive when the trade ends in the money. The payout (or profitability on the Binolla platform) is predetermined before you place a trade. Payouts are flexible and vary across assets and may even change in a single asset throughout th...
31 Jul, 25
1 min read
options trading
In the Money
In the money refers to the situation when your prediction is correct and the price at the expiration is above or below the strike price, according to your trade direction. For a Higher option, in the money means that the price is above the strike price at expiry time. When it comes to Lower contract...
31 Jul, 25
1 min read
options trading
Out of the Money
Out of the money in digital options refers to the situation when the prediction is incorrect. In this case, you will lose the investment amount. For Higher options, out of the money occurs if the current price is below the strike price at expiry. For Lower options, this situation happens when the cu...
31 Jul, 25
2 min read
options trading
At the Money
At the money describes the situation when the strike price is equal to the current price at the expiration moment. In this case, there is no profit, but the investment amount is credited back to your balance, which means that while you get nothing, you lose nothing as well. Keep in mind that not all...
31 Jul, 25