Читать книгу Binary Options - Hamish Raw - Страница 15

1. After day three RW1 falls to $99.01 and bounces up. This is the closest RW1 gets to the strike and is trading at around $99.75 at the downbet expiry. Consequently RW1 closes out-of-the-money and is a losing bet.

2. RW2 initially falls to the $99 level in tandem with RW1 but breaches the strike. After ten days the underlying travels back up through the strike to trade alongside RW1 at expiry. Therefore this too is a losing bet.

3. RW3 trades down to the $99 level with seven days left. With three days to go RW3 trades back up to $99 from below the strike before making a final downward move on the last day to trade around $98.25 at expiry. This downbet closes in-the-money, and is a winning bet settling at 100.