GLOSSARY

A
At the money

Used when the market price of the asset is currently trading at or has closed at the exact target price.

B
Binary Option

Binary options are a form of derivative, meaning its value and performance depends on the price movement of an underlying assets or a term that refers to a specific type of financial instrument that offers a fixed rate of return. Click to learn more.

C
Currencies

(e.g. EUR/USD)

E
Expiry time

The time and date at which an option expires.

Expiry level

This is the level of the asset at the time of the asset’s expiry which is based on data received from 24option’s data provider.

Early Closure

This is a feature on the 24option.com platform that allows a trader to close a position before the expiry time.

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