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• 04:16, 10 February 2022 LottieStubblefie talk created page Binary Option Definition (Created page with "Let's assume stock Colgate-Palmolive is currently trading at $64.75. A binary option has a strike price of $65 and expires tomorrow at 12 p.m. The trader can buy the option for $40. If the price of the stock finishes above $65, the option expires in the money and is worth $100. The trader makes $60 ($100 – $40).<br><br>Binary options set a fixed payout and loss amount. Binary options don't allow traders to take a position in the underlying security. Most binary options...")