Spot Forex Options Trading...anyone trade them? With what broker? I have daily, weekly and quarterly spot forex options available to trade via IGMarkets...you?
Do you like trading them?
Do you like trading them?
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Spot Forex Options Trading
- Thread starter increasenow
- Start date
There's no such thing as a "spot forex option". All FX options, by definition, use fwds as underlying.
I am not sure IC has advanced into the realm of binary options yet... I think he's referring to vanilla FX options that you can trade on IG. As he says, they come in a variety of expiries, including IMM. Like yourself, I haven't the slightest clue why he'd want to punt them rather than straight FX.Quote from atticus:
IC, why the self-flagellation? Why not trade mini lots on FX? What do you know about binary options?
Quote from Martinghoul:
I am not sure IC has advanced into the realm of binary options yet... I think he's referring to vanilla FX options that you can trade on IG. As he says, they come in a variety of expiries, including IMM. Like yourself, I haven't the slightest clue why he'd want to punt them rather than straight FX.
He mentioned the European binaries on one of his 10^23 other threads. FWIW, IG is wider than IMM, but he can deal in 1/10s.
I saw a list of brokers on fxoptions dot com but I've never traded them. I think the advantage would be if you expected a large move in one direction but want to ride out huge moves without getting stopped out. Right now though I don't know if were going to have a huge wave in either direction as long as there's support (manipulation) in the euro.
forget this Cats...I am back at my Futures journal trading futures again with real/live $$ cash...check it out in the journal section...thanks!!