Over at FXCM's news, I kept hearing/reading OPTION, OPTION Expiring on Friday/Monday ... yada yada yada...
What is that?
From my initial knowledge, it suggests something like a gamble wherein people place bets betting that a Pair will go up 200 pips or down 200 pips within 1 week... yada yada.. if that happen, they win, otherwise they loose.
Is this correct?
What is that?
From my initial knowledge, it suggests something like a gamble wherein people place bets betting that a Pair will go up 200 pips or down 200 pips within 1 week... yada yada.. if that happen, they win, otherwise they loose.
Is this correct?