According to Wikipedia.com, “In finance, a binary option is a type of option where the payoff is either some fixed amount of some asset or nothing at all. The two main types of binary options are the cash-or-nothing binary option and the asset-or-nothing binary option. The cash-or-nothing binary option pays some fixed amount of cash if the option expires in-the-money while the asset-or-nothing pays the value of the underlying security.” Online Trading of binary options is a method of earning money online (which brings it into the IM NewsWatch scope of interest). As Wikipedia points... [...]