New binary option from Dukascopy
Swiss broker Dukascopy Group announced the creation and launch of a new type of binary optionswhich has been made available for trade - binary option for trading session (Dayli Stock Option). Its basis will be a specific share of a particular stock exchange, and the condition for profit or loss will be the trader's prediction of whether the opening price of the asset on the specified platform, which can be sorted by continent, country and exchange, above or below the closing price.
In general, these remain traditional Call and Put options, and the choices are summarized as follows:
- If you believe that the closing price of an asset will be higher than the opening price, you should buy a Call option.
- If you believe that the closing price of an asset will be lower than the opening price, you should buy a Put option.
A binary option Dayli Stock Option is valid for one session, which is specific to a particular stock exchange. The opening price will be the quote of the underlying asset at the beginning of the session, the closing price will be the quote at the end of the session.
The standard profit binary option for a trading session is 70% and can vary in increments of 5% to 50%. The profit volume is fixed at the time of option activation and cannot be changed until expiration.