In financial markets, assets have an ask price. The ask price refers to the price at which an investor can buy an asset in the financial markets. The ask price is a part of the formula which is used to calculate the expiry level of an asset.
Magnum Options enables trading on a variety of assets, for more information about each asset and the related expiry rules see “Asset Index”
A financial term which means that the current price of the underlying asset is at the same as the price it was previously at when the option was purchased.
In financial market assets have a bid price; this is the price at which an investor can sell an asset in the financial markets. The bid price is a part of the formula which is used to calculate the expiry level of an asset.
Trading options that pay out a preset and fixed amount of the underlying asset on which the option is based. Trades are paid out if the rate reaches the trader’s selected ‘direction’ (up or down compared with advertised value at the time of purchasing that option) at the expiry time.
A call option provides the investor with the opportunity to gain if the asset rally’s above the open rate of the call transaction. In the event that the expiry rate is the same as the open rate, the investor will be refunded the full investment amount.
Commodities are a general name given to raw materials from a variety of sectors such as energy, food and metals. For more information see the “asset index”.
The entry level of the underlying asset when the position is placed.
The price/level of the underlying asset when the position is placed. This price determines whether the option is in-the-money, out-the-money or at-the-money when the option expires.
The time & date when the binary option expires and reaches the end of its predetermined life cycle.
A financial term, which means that a trader has profited from their trade. For example — if the option was a Call — then the current price of the underlying asset would be higher than the original price at the time the option had been purchased the trade would be In the money.
Index (plural Indices) represents a group of stocks trading on the same exchange. For more information about the indices available for trading with Magnum Options, please see the “asset index” page.
Magnum Options enables the client to buy or sell an asset with no market spread. The open rate for a put option = open rate of a call option.
The average of the bid and ask, this price represent the real price of the market with no spreads between bid and ask. Magnum Options uses the mid-market prices for their expiry rates.
An option which gives the investor a fixed payout once the price of the underlying asset reaches or surpasses a predetermined level. To be eligible for payout, it is sufficient that the option touches or surpasses the predetermined level just once at 17:00 GMT during the week throughout the option’s life cycle. If the predicted level is not reached or surpassed even once, the initial investment is lost. The options will be sampled over a period of five days, Monday — Friday, once a day in accordance with the 17:00 Sample Rate. The promised payout will be transferred to the client’s account on the expiration date of the option (Friday 20:00 pm), even if the terms of the options have been realized before the end of the period.
A financial term, which means the option was not profitable. For example, if the option was a call and the current price of the underlying asset was lower than the original price at the time the option was purchased, the trade would be out of the money.
A put option provides the investor with the opportunity to gain if the asset drops below the open rate of the put transaction. In the event that the expiry rate is the same as the open rate, the investor will be refunded with the full investment amount.
Leverate is one of the world’s leading financial data providers. Magnum Options receives its expiry rates via a live feed directly from Leverate.
Stocks confirm that the holder of stocks has purchased a percent of a company; as such it is entitled to a profit sharing relative to the percent he has in the company. In case of a bankruptcy, the stock holders are the last to receive any of the company’s assets.
Each asset has its own trading hours and trading days and holidays. To see the assets trading hours, please view the "Asset Index" page. Sometimes you will see that even though the asset is supposed to be traded it’s not listed. In such a case simply press refresh.