A ‘One Touch’ Binary Option, is an option that is hugely popular among binary option traders. The options are made available during the weekends when major markets are closed. An attractive characteristic of this type of option is the huge payouts they offer. If you are looking for a good trading option to work with on weekends, One Touch options are all you need.
Here at OptSure, One Touch options offer you the chance of making 550% returns on your investment. It should be noted that these types of options can be more challenging than standard binary options. With One Touch, you have to be sure that the price of the asset will get to a predetermined level. This is unlike some standard options where you only need to predict the direction of the underlying asset’s movement. The direction and target price have to be selected on the platform before entering the trade.
With a One Touch option, you can make a prediction as to whether the price of the asset will reach the predetermined level at 17:00 GMT on any of the days the trade is open. Once this criteria is met, you will receive the profit offered by the time the trade closes, or at 17:10 GMT.
Using EUR/JPY as an example with the current strike price at 126.17, OptSure would offer two options. The first is a “Call” option saying that the asset will touch 123.78 at least once within the upcoming week. The second is a “Put” option saying that the asset will fall to 117.78 at least once within the upcoming week.
To start trading on One Touch click here to open an account with us.