had to find out what they were..really never heard of them before.
this is what they are for those of you who would like to know,who dont already.....
WHAT ARE BINARY OPTIONS?
A binary option, also referred to as a digital option, has only two possible outcomes each of which pays out a fixed return depending upon whether a certain condition is fulfilled by the time the option expires. For example, a binary option that has percent payout of 75/10 means that, with an initial investment of U.S.$100, the customer will receive $175 if the condition is met (and the option expires in-the-money) and $10 if the condition is not met (and the option expires out-of-the-money). In the latter case, the net cost to the customer is $90.
Binary options are a novel type of investment vehicle that are rapidly becoming a favorite among beginning investors because they have limited risk and are simple to understand. Binary options typically expire in an hour, giving you the opportunity to earn a high return over a very short time period.