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In binary options trading what are puts?

Updated: 9/2/2021
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10y ago

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In binary options trading the only thing that matters is whether an asset's price moves higher or lower than what it was valued at when you open a position. If you believe the asset in question will rise in value in the time alloted for the trade you place a CALL option. If on the other hand you believe the asset in question will fall in value you place a PUT option.

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Q: In binary options trading what are puts?
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What is meant by binary trading?

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