I forget who you were talking to Friday in the trade room, but you made the comment that 95% of all binary’s you trade are ITM. Is that for a certain strategy? Can you explain. I’m a little confused about that. Thanks…dyoke
That is for multiple strategies.
Expiration premium collection, trend trading premium collection, apex trend premium collection, iron butterflies etc…
What are you confused about?
I understand that if you sell a binary you are saying the statement is false and if you buy it is true. Lets say XYZ price is at $50 and the apex is red, so I sell the $60 strike to expire at a certain time. I’m saying XYZ will be lower than $60 at expri. Wouldn’t the $60 strike be OTM?
Incorrect. it is not that the price of the binary will be higher or lower.
You really want to watch the premium collection videoss in the bonus webinar section to get this strategy and make sure you watch all the binary videos under education nadex binaries
The statement is XYZ will be > Strike at Time
It has nothing to do with the binary price it has to do with the underlying price
If you think XZY will be greater than Strike at Time then buy
If you think XYZ will be < or = strike at time then sell
