Saturday, March 14, 2009

FX Options

I reckon there will be traders betting on the EUR/USD reaching 1.3000 in FX Options.

What is FX Options?


Forex Options allow you to customize your options including payout amounts, barrier prices and expiration dates. These customizable features put you in full control of your risk. Depending on the option that you select, as long as the criteria behind your barrier prices are met, you will receive your payoff amount. If not, all you can lose is your predetermined option premium.

SPOT options allow you many choices:
  • Standard options.
  • One-touch SPOT – You receive a payout if the price touches a certain level.
  • No-touch SPOT – You receive a payout if the price doesn't touch a certain level.
  • Digital SPOT – You receive a payout if the price is above or below a certain level.
  • Double one-touch SPOT – You receive a payout if the price touches one of two set levels.
  • Double no-touch SPOT – You receive a payout if the price doesn't touch any of the two set levels.
I say this again: I reckon some people will be betting EUR/USD to touch 1.3000 (One touch spot) If price reach 1.3000 u will get paid.

This is called gambling!!

1 comment:

moneymagnetbabe said...

oic...so it's like buying 4D lottery