Binary Options: Fixed Odds Financial Bets

Front Cover
Harriman House Limited, May 20, 2011 - Business & Economics - 264 pages
1 Review

Binary options are the latest products to hit financial markets. From 5 minute FTSE100 bets offered by online bookmakers, longer duration FTSE100 bets traded on online betting exchanges plus binary bets offered by spreadbetting companies, all are offering the same instrument as the CBOT's binary option on the Fed Funds rate. Hitherto, the largest single marketplace for binary options has been Lloyd's of London where they are known as insurance contracts, while the sports enthusiast is unwittingly buying a binary option every time he takes a price from a sportsbook or bookmaker on this horse or that soccer team.

This book takes the same fixed odds bet and illustrates how they operate in the financial marketplace."Binary Options" initially outlines regular bets and explains the rationale defining some basic winning and losing bets. A deeper analysis follows in which the author examines how the value of a bet is dependant on the passing of time, the volatility of the underlying instrument plus the price of the underlying instrument.

More advanced bets are introduced with the reader then being shown when and how to profitably use binaries in various market conditions, followed by techniques in how to hedge the position entered into. The same format for regular bets is then followed when discussing one-touch bets.

In this first in-depth analysis of binary options, Hamish Raw has ambitiously catered for both the end-user and the market-maker. Diagrams are to be found in abundance throughout this book in order to graphically illustrate the author's points.

 

What people are saying - Write a review

User Review - Flag as inappropriate

Thanks! You are right. If you have no edge in binary market then you're like a blind man in the dark trying to shoot a cat that isn't there...This software turns the odds to my favor in a BIG way! I have signed up from this bonus link ➤➤ http://po.st/PeQSdI and got $1000 Free Bonus Credit. $1,549 a day from measly little $90 trades and my account is growing like magic! Please following only one strategy ☛ trade only when software signal level is 83% or more. In 7 days, I make $10,843.36 with a single investment of $250. Now planning to invest more. 

Contents

Section I
9
Section II
89
Section III
143
Section IV
187
NoTouch RangeBets 215 Chapter 13 Trading Hedging OneTouch Bets
231
Copyright

Other editions - View all

Common terms and phrases

About the author (2011)

Hamish Raw has twenty years' experience as an options market-maker on LIFFE, the Sydney Futures Exchange, the Chicago Board of Trade and Eurex, during which time he acted in the capacity of a 'local', i.e. someone trading with their own capital. He has mathematically modelled and developed options software which was used broadly across the floor of a number of exchanges, most notably LIFFE. Raw has an MBA where he specialised in financial engineering. He can be contacted at hamish.raw@binaryoptions.com.

Bibliographic information