The Range Option
I opted for Range Option trading, a feature introduced by Ginmogen for enhancing the trading experience for their clients. Along with the Touch options that became widely popular for various kinds of traders to make profits through accurately predicting the future movement of the price, the Range Option proved to be a great choice for me. The range trading has been often referred to as being useful and a huge alternative when the market has been moving sideways in comparison to regular binary options that have been more effective in trending markets. The Range option has been an excellent trading option, as it provided great flexibility for me to enhance profits in different market conditions.
The Range Option enabled me to predict along with selecting a price range of an underlying asset apart from the price to trade in the borders until its expiry. In case, the price remains well within the selected price range, without any breach in the top and bottom barrier levels, I would receive the pre-determined payout. For placing the Range Option, I had to select an asset, the period along with determining my position. I chose ‘In,’ as the asset would expire within the given price range. I could also choose ‘out’ when I believed it would expire outside the provided range.
In case, you have been searching for more information on the Range Option, the attached table would be of great assistance for enhancing your knowledge.