Question about pips and scalping


For example I buy a fornex binary option. USD/ JPY The cost of option cost me 40 dollars a contract. I use time span for a week. If during that time it moves my direction say a put. Any way to understand the beta, theda ect… in calculating pips in regards to profit??? for example 10 pip scalp.


There is a feature in apex pro binary scanner that will show you what the binary will be worth at different prices that you enter. I’ve not tried it on weekly contracts but should work the same.