Recently the binary options broker iOption began offering its clients Above/Below options with an expiration period of just 60 seconds which allow the trader to take advantage of fast movements in the market with a duration of less than 1 minute.
Typically, traditional Above/Below binary options have expiration periods from 15 minutes onwards. For this reason, these options are not suitable for traders who are used to perform fast trades with a fast entry and exit of the market.
Even in periods of low volatility in the market, there are micro-movements upwards or downwards which last a few seconds and can not be used to trade with traditional binary options . For such movements, which are produced tens or even hundreds of times during the day, 60 second options are ideal as they allow a fast trading that usually is seen only with other investment instruments such as Forex.
Through these options, the trader can make a lot of daily operations. If a traer apply a proper monetary management strategy and discipline he can obtain a profit in most transactions and and accumulate a daily benefit quite substantially.
The general characteristics of the 60 second options of iOption are the following:
- These are binary options which have an expiration time of only 60 seconds.
- These options offer a yield of 67% to 85% of the amount invested in the contract for options that expire "In The Money".
- The minimum investment is $ 5 per option while the maximum is $ 100.
- 60 seconds options are ideal to trade with volatile instruments such as gold, oil and 8 major currency pairs like EUR/USD or GBP/USD for example.
If you are interested in more information about the new 60 seconds options of the broker iOption you can access its website through the following link: