The Contract or Expiration Time in Binary Options
Each binary option trade is a contract and each contract has a set expiration time. Although many types of traditional trading require an investment for several months or years before a reasonable return is achieved, in the case of binary options, trades can expire in a matter of weeks, days, hours or minutes.
Using an option broker’s trading platform, an option can sometimes be purchased up to five minutes before it expires. It is important that the trader always knows just how much time is left before the option expires so that he can improve his chances of making an accurate prediction.
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