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Binary options time decay
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Range Option (Boundary Option) A type of binary option for which the trader predicts whether the underlying assets price will end within a specified price range, or outside of it. Rebate or Refund The amount returned to the trader if a binary option expires out.
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Binary options time decay
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a binary option is a financial option in which the payoff is either some fixed binary options time decay monetary amount or nothing at all. The two main types of binary options are the cash-or-nothing binary option and the asset-or-nothing binary option. The former pays some fixed amount of cash if the option expires in-the-money while the latter pays the value of the underlying security.