New 0 DTE FOP from the CME? Aren't these just Binary options?

think of it as a sports bet or better yet a bet on a horse, where you lay or get odds .

i expect most of you to add 2 or 3 hundred k to your yearly income on these
 
JackMorgan said:
think of it as a sports bet or better yet a bet on a horse, where you lay or get odds .

i expect most of you to add 2 or 3 hundred k to your yearly income on these
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Only British people understand what is to lay bet on a horse. There is something you are not telling us Mr Morgan.

And you are absolutely right, this market seems to be very similar to a British betting market, very much like the Betfair Exchange.
 
angrytrader said:
Only British people understand what is to lay bet on a horse. There is something you are not telling us Mr Morgan.

And you are absolutely right, this market seems to be very similar to a British betting market, very much like the Betfair Exchange.
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No , American as apple pie here.
I'm just a man of the f'ing world
 
angrytrader said:
Only British people understand what is to lay bet on a horse. There is something you are not telling us Mr Morgan.

And you are absolutely right, this market seems to be very similar to a British betting market, very much like the Betfair Exchange.
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Far as I am concerned? Jack got the fish in the face. Remember, he has me on /ignore, so he cannot see me. Because he is too terrified to read and respond to my posts. That is the power I have over this man.

 
In all fairness, one of the books I read about binary options mentioned that it is very similar to betting on sports, so I guess it is just showing different ways to get to the same place. Events that expire during a short time and put an extreme pressure on the player.
 
angrytrader said:
In all fairness, one of the books I read about binary options mentioned that it is very similar to betting on sports, so I guess it is just showing different ways to get to the same place. Events that expire during a short time and put an extreme pressure on the player.
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Would be curious to see the structure. MAX payout is 20 bux. OK. So how much will these EC instruments cost after all is said and done on commish/fees, after the position is opened, and then closed?
 
If they follow a gambling structure, bets are free to enter and the player only pays commission on the winning bets, normally a 5% of the amount. But it is quite weird that your max profit will be just 20, that seems to be a very small amount.
 
Not available at this side of the pond, apparently.

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