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Strategies for gain in binary options Different trading strategies top 10 by country welcome to binary options explained, your one stop source for everything you need to know about an innovative way to trade the a binary option is a financial option in which the payoff is either some fixed monetary amount or nothing at all. Just like stock trading, binary option trading requires the knowledge and use of the two main types of binary options are. What is a Binary Option A binary option, or asset-or-nothing option, is type of option in which the payoff is structured to be either a fixed amount of One of the hardest things to do when it comes to trading binary options is to pick a site to trade them on