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WebAt 9 AM he sees a binary option contract for the S&P 500 Index to be above $2,341 at 1 PM. The quote for the option includes a bid price which shows what an option contract can be purchased for ... WebWhat are binary options. A binary option is a type of option with a fixed payout in which you predict the outcome from two possible results. If your prediction is correct, you receive the agreed payout. If not, you lose your initial stake, and nothing more. It's called 'binary' because there can be only two outcomes – win or lose. great clips martinsburg west virginia
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