Above / Below (Digital option)

Above / Below is the most popular type of binary option and the one that the majority of traders are familiar with. Based on “cash-or-nothing”, Above / Below binary options expire in-the-money when the trader correctly predicts if the price of the underlying asset will move above or below the predetermined strike price by the time of expiration.

Like with all binary options, payouts are known from the onset so that traders know where they stand before buying the contract. When trading with OptionBit, traders can get a high returns between 75 – 81%.


Trading Example :
You decide to try trading Above / Below options and sign up for a free account. After looking at the assets available, you decided that Gold is the asset you would like to trade.
By quickly looking at the historical graph that day and conducting a technical or fundamental analysis, you notice that Gold is currently trading at a low point for the day. Based on this information, you decided that this low point is a lull rather than a continuing drop and you think that Gold will finish higher than it’s current price in one hour.


Since you believe that price of the underlying asset will increase, you buy a Call option that expires in 60 minutes. If you believed that the price of the asset would decrease, you would buy a Put option.
Since it’s your first time trading, you decides to start with a small investment of $100. If when the contract expires the price of Gold has risen, you’ll finish in-the-money and take home a high return between 75 – 81% of your initial investment.