Formula price calculator for binaries at Nadex

#1

Hello, I would like to know if its possible to calculate binary prices like box spreads. right now what im doing is recording the screen so that I can go back and watch past prices. for example this Friday the 21st using demo account this is what I saw.

US Tech 100 > 3674 (4:15PM) Bought $51.50 Arrow Up 02:55 27 PM = $-28______3667.500 (sell $23.50) (buy $29) 03:00 25 PM = $-29.50___3668.133 (sell $22) (buy $27.50) 03:05 28 PM = $-30______3668.000 (sell $21.50) (buy $27)

Wall ST 30 > 16110 (4:15PM) Bought $55 Arrow Up 02:55 27 PM = $-17________16101.27 (sell $38) (buy $43.50) 03:00 25 PM = $-21.50_____16098.80 (sell $33.50) (buy $38.50) 03:05 28 PM = $-14________15105.13 (sell $41) (buy $46.50)

#2

Spreads use black scholes model up to midpoint ie floor to center use back scholes call. Ceiling to center use put black scholes.

Binaries yiu can calculate delta of a call strike Or you can calculate a vertical black scholes as this is a bit more accurate up until the last 15 minutes where its a pure delta gamma.

In all three cases you need to accurately extract the implied volatility from the current market to have that x factor.

I should have some calculators up within the next 2 weeks that will do all this that you can use.

In binaries for price alone (not time and it change) you can use tye binary simulator in the scanner.

A bit lost on your info bought 51 arrow up? Are you doing mvp or? As we don\'t use atm on the ttpc system.

#3

yeah like I bought 2 after I saw that the trend was low and started to move up I purchased one (US Tech 100) and one (Wall ST 30) …my plan was to sell it back at like $90 for testing purposes but I think that the highest it got was like $85 or something… by watching the video I can see that it moved up a little bit for like 15 minutes and then it just went to the floor so at the end I lost on both… if I had it at $85 I could of made some cash, so sometimes I like to see these numbers!

I am glad to see that you are already working on a calculator!!

#4

Once you get to 85 or 15 it gets Hard to do much more you won’t get 95 until it’s super close to expiration and or rally otm. Look at tye binary proce ladder or simulator to see how far it would price would have to move to get your desired price to ensure its realistic. The issue with atm trades is they can lose value very fast if otm as time passes and there is no good way to manage risk. Itm is much easier and much more effective. We have tried but if you find something different let me know.