The HBC Broker Company offers traders a choice of a variety of different types of options. Traders can choose the method most suited to their trading needs. Read on to learn more about the types of options offered on the HBC Broker platform.
Call / Put
Predict whether the price of the asset will be above (Call) or below (Put) the current price at the time of expiry.
Above / Below
Win if the chosen asset closes above the top price of the strike for the Above option or below for the Below option type.
Here, you have to choose whether the price will remain within a given range of prices or if it will be outside that range at the expiry of the option. If the prediction is correct, then you earn profit on expiry.
Choose whether you would like to have a boundary placed at a price level above or below the current price. If the market price just touches this boundary level before expiry, you will profit on your trade.
Similar to the Touch option above, but in this case you’re predicting that price will not touch the boundary level before the expiry of the option.
If you have any questions about option types, feel free to ask your personal account manager.