Essentially there are only two choices to pick from when placing a Binary Option Trade: either a Call Option (up) or Put Option (down) depending on whether you believe that the option will either rise or fall from its current strike price.
As long as you select the correct direction that the asset will move in you will receive a return on your investment. With Binary Options it does not matter how far the asset moves, only as long as you predicted the direction properly.
Call Options and Put Options are the most common type of Binary Option Trades. Other commonly known terms for Call Options or Put options are Up/Down Options or High/Low Options.
Binary Options are popular and used by millions because they are simple and profitable. There are only two possible outcomes in a Binary Option Trade; the trade will either land ‘In the Money’ or ‘Out of the Money.’ Trades that land ‘In the Money’ are winning trades and may payout rates up to 85%.