Forex Options - Exotic options
Level: Beginner / Length: 7 minutes
In this module we’ll explain how exotic options can form part of your trading strategy, with particular emphasis on binary touch options. These options are simple to manage as you can calculate the potential profit and loss before the trade is initiated.
Exotic options are often associated with complex strategies and seen as having a lack of transparency. That is, however, not necessarily the case. Some of the exotic options types are actually very simple trade and to manage. We’ll take you through those in this module as well as several other features of exotic options:
In this course you’ll learn about:
- Binary touch options
- The full transparency of future potential profits and losses
- And how they’re easy to manage
Please note that Saxo Academy is property of Saxo Bank A/S. The materials published on Saxo Academy should not be considered as financial, investment, tax, trading or other advice, or recommendation to invest or disinvest in a particular manner. SCML assumes no liability for any losses resulting from trading in accordance with a perceived recommendation or reliance on Saxo Academy materials. Following or replicating other traders involves risk. Past performance of a trader is not indicative of future results.