Option brokers

Discussion in 'Options' started by clarodina, Jun 10, 2016.

  1. Anyone know which brokers offer trading on sp500 and vix binary? The exchange have them but search none of the broker offer trading them

    Nadex official exchange or broker?
     
  2. just21

    just21

    Chubbly likes this.
  3. gkishot

    gkishot

    Nadex is binary options exchange.
     
  4. FSU

    FSU

    Binaries on the VIX are traded on the CBOE. They used to offer binaries on the SPX, but that product was delisted several months ago. Unfortunately there are a limited number of brokers that offer trading on this product at the CBOE. Not sure who currently offers them, although most front end products such as Redi do show them.

    You are really better off replicating a binary option through a vertical. This will give you a similar product and you will give up less edge.
     
    Kirribilli likes this.
  5. How do you replicate binary with vertical?
     
  6. binaries can be replicated with regular options
     
  7. Please you explain which call or put and strike to buy or sell
     
  8. 1245

    1245

    Stock trading at 55

    You want to buy the 60 binary.

    You can buy the 60/61 call spread for a replicate a $1.00 binary. 60/65 call spread for a replicate of a $5 binary.
     
  9. bublu

    bublu

    Yes its for binary options trading but i haven't traded with it yet i am trading binary options too at optiontrade.
     
  10. gkishot

    gkishot

    Optiontrade is a gambling site. You can't make money at optiontrade.
     
    #10     Jun 13, 2016
    Chubbly likes this.