Binary Options Types Several types of Binary Options can now be traded online using a variety of binary options trading strategies. High/Low: The most commonly available binary options are “High/Low” also known as “Above” and “Below” or “Call/Put” binary options. Basically, a trader will receive a payout on a long binary option if the market is higher than the strike price of an above binary at expiration, or under the strike of a below binary. One Touch: Some online binary options trading platforms also offer “One Touch” above or below binary options that generate a payoff as soon as their trigger level trades in the underlying market… even before the expiration time Boundary: Another popular type of binary option is the “Range or Boundary” binary that is characterized by a range that is compared to the underlying market at the option’s expiration. Typically, an ―in‖ range binary pays off if the market ends up inside the range, while an ―out‖ range binary pays off if the market ends up outside the range. Some Brokers offer one or more of those types, and some other Brokers offer-it-all (we will come back in detail in the Brokers recommendations section)
"Binary Options Types"