In this chapter we are going to look at six trades showing market moves and how different binary bets move as the underlying markets move.
But first we are going to inspect the behaviour of binary bets in some detail and in particular look at how they behave in the price ranges:
You may have noticed gaps in the sequence above. What happens between 35-50 and 50-65?
This is where the extraordinary nature of binary bets come in – between 35 and 65 binary bets will leave everything else standing. I have never seen anything else like it.