Binary options are a simple and effective method of investing. However, in order to achieve success in trading binary options, having a well-rounded understanding on assets as well as their expiry rates is essential. To help you work your way up the ladder, we have provided Ikko Trader expiry rates in our website. Expiry rate is a critical factor in achieving trading success as this serves as the determining factor as to whether your trade is successful or not.
It is highly recommended for beginners to go through our rules for Ikko Trader expiry rates. Trading different asset classes will give you a better understanding on what expiry rates are. We offer a variety of assets in our Ikko Trader asset index: stocks, Forex, commodities and indices. Universal rules apply for expiry rates. However, each expiry rate rule varies from one asset class to another. If you’re new to binary options trading, it’s important to know the relevant terminologies used when calculating expiry rates. Here we will define Bid, Ask and Last Quoted Price.
“Bid” is the last known price prior to your option’s expiry time when you sell an asset quoted by Reuters. The term “Ask” refers to the last price prior to your option’s expiry time when you buy an asset quoted by Reuters. The “Last Quoted Price” is the last known price that was paid for the asset before the option reaches its expiry time. LQP may be the same or differ to the Bid and Ask prices.
Expiry rates play a significant role in binary options as it is the key to determining the outcome of your prediction, as the result would be either a Call or a Put. Keeping an eye on your option’s expiry rates as well as its past expiries are vital steps in Ikko Trader trading. By investing time on reading Ikko Trader expiry rates and doing research on each asset class, traders will be equipped with the right knowledge and thus, yield successful trades.