MTN Binary Options Trade - Reprise

Our first Binary Trade of the year at Global Trader has been an excellent success with a number of first time traders using the product to good effect. You may remember that last week we offered three strikes on the weekly MTN Binary contracts, 110, 112 and 114, all up strikes. In recognition of the trades that we saw come across the system last week in addition to the fact that MTN is trading in a proximate range, we will be offering those up contracts once again. However, this week Global Trader will be offering three down contracts as well. The strikes on these contracts will be 106, 104 and 102. The combination of these new strikes plus the re-introduction of the strikes from last week will allow traders to express virtually any view as to the likely direction and/or durability of the moves that MTN will experience this week.  

Binary options are extraordinarily simple instruments to trade. They have clearly defined payoff profiles which at the outset of the trade allow the user to exactly determine what risk he (or she) wishes to assume against the potential upside that may be gained by a winning trade. A further attractive feature of Binary options, (and all other classes for that matter), is that options may be traded as a simple leveraged directional play or within a sophisticated portfolio that permits dynamic trading of the option over its life prior to expiry.

Any queries as to the operational and trading nature of Binary Options should be directed to Andrew Kinsey on (011) 214-8077. Andrew will get you started on Binary Option trading, outline the positive features, the commensurate risks as well as offering ongoing advice as to which Binary Options offer value and how to trade them effectively

The Global Trader binary options are compiled by our Trading Desk and is offered free of charge, as a value added service. Should you have any comments, questions or wish to unsubscribe, please email us on news@gt247.com.

Disclaimer
This information is not a solicitation or recommendation. Although this material is based upon sources that First World Trader (Pty) Limited t/a Global Trader ("GT") considers reliable, GT has not verified this information and does not represent that this material is accurate, current or complete and it should not be relied upon as such. The fact that GT has provided this information does not constitute an endorsement, authorisation, sponsorship, or affiliation by GT with respect to the information, its owner or provider. This information has been provided for informational purposes only without regard to a particular user's investment objectives, financial situation, or means, and GT is not soliciting any action based upon it. This material is not to be construed as a recommendation; or an offer to buy or sell; of the solicitation of an offer to buy or sell any security, financial product, or instrument: or to participate in any particular trading strategy in any jurisdiction in which such an offer or solicitation, or trading strategy would be illegal. Certain transactions give rise to substantial risk and are not suitable for all investors.
First World Trader (Pty) Ltd t/a Global Trader is an authorised Financial Services Provider by the Financial Services Board (FSB) of South Africa, FSB license number 22588. Global Trader is a derivatives member of the Johannesburg Stock Exchange.