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Binomial Option Pricing Model
A binary option is a type of options contract in which the payout will depend entirely on.Binary options real time trading on indices, stocks, forex and commodities.
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A typical out the money option has more extrinsic value and therefore volatility plays a much.
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As a trader you have several markets to choose from you can go with traditional options, binary options, foreign exchange, or other markets where you can make money.Compute option price via binomial option pricing model (recombining symmetric binomial tree).