DESCRIPTION: Options trading offers different strategies giving you more ways to navigate around risks. The flexibility it offers lets you recreate other positions, allowing you to generate higher potential returns from your trades. If you want to explore more ways to trade better, then this is the trade type for you.
RESOLUTION STEPS:
- Limited risk
In options trading, your risk is limited to your stake amount. If the market moves against your prediction, you’ll never lose more than your stake.
- More choices
With options, there’s an array of choices available since it offers a greater range of contract alternatives. You can choose from 4 options contracts — digital options, vanilla option, accumulator options (demo account), and turbo options (demo account). These contracts have different conditions, allowing you to create positions you feel will be advantageous to you.
FOR FURTHER INFORMATION:
Deriv website: https://deriv.com/trade-types/options/digital-options/up-and-down/