The option is a derivative that gives a buyer the right, but not the obligation, to buy or sell an underlying asset (currency, indices, stocks, commodities, etc.) at a specified price (exercise price) on a specified future date (expiry of the option). Moreover, the buyer pays a premium to the seller of the option.
Benefits of Trading with Options:
- Purchase risk known in advance
- Flexible instrument for hedging
- Both short and long positions
- Professional Options Board gives insight into a varied range of options
With ELANA Global Trader you are allowed to trade four basic types of options:
Find more information under Contract Options Trading Conditions