Book description
The first comprehensive guide to trading a unique class of options to
manage risk and make smarter bets during volatile trading
Providing savvy market players with a way to react quickly to
event-driven opportunities and trends, exchange traded binary options
are a unique type of derivative instrument offering fixed risk and
reward. Available on four asset classes-stock index futures, commodity
futures, Spot Forex and economic data releases-they are distinctly
different from regular put/call options in that their pay-out
structure offers only two potential outcomes, or settlement values: 0
or 100. The first guide focussing exclusively on this fast-growing
sector of the options market, Trading Binary Options examines
the key differences between regular options trading and binary options
trading and describes how binary trading is done. It also gives you
the lowdown on the most successful binary trading strategies and how
and when they should be deployed.
- Outlines a rigorous approach to trading directionally around
specific events, such as an earnings release, a shift in
currencies, or a release of economic data
- Provides the first comprehensive coverage of an increasingly
popular but poorly understood trading instrument
- Offers in-depth discussions of the six characteristics that
distinguish binaries from other options and that make them such an
attractive vehicle for hedging risk and improving
returns
Alex Nekritin is CEO and President of TradersChoiceFX,
TradersChoiceOptions, and TCForex, one of the largest introductory
brokers in the world. Mr. Nekritin has been trading in equities,
options, futures, and Forex very successfully for more than a decade.
He holds a degree in finance with a concentration in derivative
instruments from Babson College in Wellesley, Massachusetts. Alex's
work has been featured online at FXStreet. com and TradingMarkets. com.
