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Options types

Up/Down:

This is the most popular option.
The trader’s purpose is to predict the direction in which the asset price will change (up or down) in a predetermined time period. Then the trader makes an investment and if the forecast proves correct, he makes a profit from the transaction. In a case of an erroneous forecast the trader loses the premium.

 

Range:

An option where the trader must predict whether the asset’s price will be In or Out of a predetermined range at the expiry time. The trader will make a profit if the price remains within the predetermined range at the time of expiration.
​Otherwise, he loses the premium.

 

Even/Odd:

In this case the trader must predict whether the last digit of the asset’s
price at the time of expiration will be Even or Odd

 

Big/Small:

In this case the trader must predict whether the last digit of the asset’s
price at the time of expiration will be Big (5-9) or Small (0-4)

 

It should be noted that all types of options are based on the prediction accuracy. The forecast always has a certain degree of probability, and its accuracy depends on trader’s ability to interpret the direction of market and predict the price movement.

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