Trader Basics

In the Money Expiry
This is a term meaning the option is currently profitable. Options that expire “in the money” are those that expire yielding a profit for the client. Trading at www.highoption.com will yield expiration “in the money” under the following conditions:

High/Low Instrument

  • A High option where the expiry level is above the target price.
  • A Low option where the expiry level is below the target price.

One Touch Instrument

  • A Touch option where the market price reaches the target price before the expiry time. In such an event the option automatically and immediately expires “in the money”.
  • A No-Touch option in the event that the market price does NOT reaches the target price before the expiry time.

Boundary Instrument

  • An Inbound option where the expiry level is within the boundary (i.e. above the lower and below the upper target price).
  • An Outbound option where the expiry level is outside the boundary (i.e. below the lower or above the upper target price).

Out of the Money Expiry

  • This is a term meaning the option is currently not profitable. Options that expire “out of the money” are those that expire yielding a loss for the client. Trading at www.highoption.com will yield expiration “out of the money” under the following conditions:
  • High/Low Instrument
    • A High option where the expiry level is below the target price.
    • A Low option where the expiry level is above the target price.

One Touch Instrument

    • A Touch option in the event that the market price does NOT reaches the target price before the expiry time.
    • A No-touch option where the market price reaches the target price before the expiry time.

Boundary Instrument

    • An inbound option where the expiry level is outside the boundary (i.e. below the lower or above the upper target price).
    • An outbound option where the expiry level is within the boundary (i.e. above the lower and below the upper target price)

At the Money Expiry

This is a term meaning the option is currently trading at the same price as the target price. Options that expire “at the money” are those that expire at the target price. In the event of expiry at the money, highoption will return the invested amount to the client. Trading at www.highoption.com will yield expiration “at the money” under the following conditions:

High/Low Instrument

  • A high option where the expiry level is at the target price.
  • A low option where the expiry level is at the target price.

Boundary Instrument

  • An inbound option where the expiry level is at one of the boundaries (either the lower or upper target price).
  • An outbound option where the expiry level is at one of the boundaries (either the lower or upper target price).