Option Range Releases New Schedule for Binary Options Trading

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Option Range Releases New Schedule for Binary Options Trading

Option Range announced a new schedule for spring for its binary options trading. The schedule will open up new opportunities for trading on stocks, commodities and indices. It will also allow customers to carry out trading at any time.

The schedule has been designed keeping in mind the fact that Option Range customers situated across the globe trade at different hours. There are four categories in the new schedule – fixed touch options, binary options, range options and touch options.

Binary and Range Options Trading

The payout ratio of the binary options is in the range of 75% and 81%. Each asset has different hours for trading daily and weekly. The schedule also shows trading hours for the weekends. Option Range has one set of trading hours for the first four days of the week and another for Friday. The new schedule has added hours for end of day trading. Weekly and weekend trading hours typically apply to a few stock options, commodities and currency trading. Range options can be traded on currencies, indices and commodities. The schedule, which is diverse, comes with a profit margin of approximately 73%.

Fixed and Touch Options Trading

The fixed touch options at Option Range have a new schedule, which is applicable on 10 currency assets. They are offered for trading between Friday 19:00 and Monday 19:00. The options can bring a huge return of 300% on the original investment made by the customer. They can trade touch options on four indices and currencies. Customers can expect a fixed return of 80% on their actual investment. Trading hours for touch options can differ according to the option a customer trades.

Bonus Offered for New and Returning Customers

At Option Range, members will not only get the chance to trade binary options accompanied by some of the highest investment returns, but also get to avail special benefits. To encourage new customers to try the trading options, Option Range is offering a bonus of 100% on the deposit they make when they join the site. Once they become a member and return for more trading opportunities, a bonus of 75% (maximum) can be claimed on their next deposit.

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Range Binary Options

Binary options are a form of instrument which give the buyer a set cost and payout on a set prediction on whether the price of an underlying asset will move up, down, or sideways, in our outside one or more specified levels. Trading binary options can be profitable when utilised in certain market conditions, though do not always offer better value over trading straight forward spot markets. For those new to the world of binary options, the variety of different types of binary options available may seem complicated or hard to understand. These pages are dedicated to explaining the differences between the various types of binary option. It is just as important to choose the right binary option type is it is in picking the right binary options broker.

In this section we will take a look at range options.

What are range options?

Range options are used by binary options traders when speculating whether an asset will stay within a specified price range over a certain length of time. This type of option is also known by a number of different names, including boundary and tunnel options. To achieve a payout with a range option, the price of the underlying asset needs to stay between two given strike prices (or barriers) over the period of the contract (the expiry period).

How range option trading works

Range option trading has become popular with traders, as they can offer high returns in a quiet or stable market. It is worth noting however, that not all binary options brokers offer this particular type of option. The basic principle behind this type of option is quite simple, but in choosing when to use it and whether it offer better rewards to traditional range trading in FX is the hard part. Not to worry, though, as we will aim to cover all aspects and their advantages and disadvantages. Let us look at the basic structure and explain how range options trading works.

As above, we have stated that a range option is one which looks to profit from an asset price staying within a price range over a set period. First, the trader decides on the limits of the range he believes the underlying asset will stay inside and set the barrier levels accordingly, then he will set the time – or expiry date he believes it will be achieved in. In the retail market, the range prices or limits will usually be fixed by the broker, ie they will offer a number of choices to the ranges one can trade. As with all other binary options trades there are only two final outcomes. The option is either ‘in the money’ or ‘out of the money’. If the price of an underlying asset remains within the specified price range, the option is ‘in the money’ and the buyer will receive a payout determined at the outset. If price moves outside or breaks the set range, then it is ‘out of the money’ and the buyer receives nothing, losing the premium paid for the option. As we will see in other structure, discussed on other pages, brokers can also offer out-of-range options, which will profit if the price breaks out of the preset range within the time or expiry period of the option.

For now, it is clear that if a trader believes an underlying asset is about to enter a quiet period, he can choose to try and profit from this with a range option and depending on the limits set, can achieve a healthy return. This depends on the range set however. If the trader chooses a tight range, then the payout will be higher in percentage terms as the contract will have a higher chance of being breached (or broken). The wider the limits, the less chance of it being breached, so the amount of payout will be lower. It all depends on where the trader decides to set the range.

As such, if the trader does not believe the payout offered by a certain range is enough to justify the risk – in this case the cost of the option (the premium) -, then he/she will be better off with trading the range in the spot markets, setting his stop loss against the limits he would choose either side of the market. There is no premium to be paid, and the trader will also have the freedom to exit the trade at any time, freeing up capital for other opportunities or trades which may come up.

As attractive as some of these options and their payouts may be, traders will have to consider the premium they pay and how much of their capital (trading amount) is tied up on one trade.

There is also one other factor to consider and that is the triggering of limits. It is not unknown that the market can push for certain levels to look for orders. Buying a range option can leave a buyer vulnerable to irrational spot moves, so trading straight forward FX also offers a more flexible approach with this in mind.


Using an example is always easier to understand a concept so below is one to show the process and reason for trading a range option.

A trader is focusing on the price of Apple stocks, which is trading at $500 (for example is not a reflection of the real market price). The company’s quarterly returns are about to be announced and he/she believes they will fall as analysts have forecasted. The trader may believe the stock price may fall a little, though the move will be relatively small and remain overall little changed. Your binary options broker offers a range option with a price range of between $485 and $515 and a set payout should price hold this range. The trader can buy this option in the belief that Apple’s stock price will see little change and hold is price over a set period. In paying the broker for this option, if price behaves as the trader expects, the option will pay out a preset amount. If it breaks the range, the buyer receives nothing and he/she loses the premium paid to the broker for the option. As we can see, there are clear risks, and as attractive as the payout can be, there is clear risk in losing the amount paid for the option. The trader will have to determine whether he/she sees value in committing capital to a trade which can come to nothing.

Should the trader decide that the payout is not worth the risk, then trading the underlying stock price after the data has been released can offer a better risk to rewards and also give him the flexibility to trade at any time. Once the option is bought, then it is a case of ‘sit and wait’.

Tips on how to trade range options successfully

If you think that range options are for you, then keep reading, because we’re about to share some important tips. After all, you must be interested in any advice on how to become more successful, surely.

Five Latest Binary Options from the Option Range Trading Platform

If you are an investor with Option Range online trading portal, there is some good news for you. Option Range has included five new assets to its existing set to offer you more in terms of options and make your binary trading endeavours more profitable. The platform already has an extensive set of binary trading options and these inclusions will further increase the range of it offerings.

Also, they have launched their latest touch and range options which you can avail on the existing assets. These two additions will give you additional trading options, like the ‘touch‘ and ‘range‘. If used wisely, they can help you in maximising profits.

3 European and 2 Asian Stock Options

Option Range has added a couple of Asian options and three European stock options to their offerings. These options pay three-fourth of the total amount you invest as returns, which is on par with some of the best profits available in today’s market. The trading options on the European front include BP, Siemens and Vivendi. BP options have the reputation of being one of the more profitable trading avenues and their addition will boost the profits of the traders significantly.

The Asian options include a couple of automakers, Toyota and Hyundai. The European assets will be available in the time interval of 0730 and 1530 GMT only. However, there are two intervals for trading the Asian assets. One is between 0000 and 0200 GMT, while the other interval is between 0400 and 0600 GMT. With the addition of these assets, the total number of assets available at Options Range will go up to 55.

New Touch and Range Options

In a bid to improve the services offered to its customers, Options Range has included the new Touch and Range options to its binary options trading services. The Range options can be availed on stocks of Google, Gold commodity trading, and DAX indices trading. The Touch options will be available on trading currencies of CAD/USD, trading of gold and S&P indices also. While the payout in the Range options varies between 67-69%, the payout in Touch options remains at 79%.

Range Trading Strategy

Binary Options Range Trading Strategy

Today, we shall examine another binary options trading strategy, which is exclusively used for trading the In/Out binary option, otherwise known as the boundary trades.

A boundary option is one trade option that gives four possible outcomes, depending on the broker that you are using. The trade outcomes are as follows:

a) Ends outside the range: Here the option is in the money if the price action is outside the selected price boundaries on expiry.

b) Ends inside the range: Here the option is in the money if the price action is inside the selected price range on expiry of the contract.

c) Stays between the price boundaries, in which case, the price action should at no time, breach any of the boundaries.

d) Goes outside the price boundaries: Where the trader needs the price action of the currency to breach the selected price boundaries just once to make a profit from the trade.

This gives the binary options trader ample opportunity to decide which trade is best for him at that point in time.

Trade Setup

The first step in using this trading strategy is to decide on the range to use. Range trading works best when the market is consolidating or in other words, when the market is trading sideways and not trending. In a trending market, rising or falling prices make it impossible to predict a price floor or ceiling, thus severely blunting the trader’s ability to profit from this trade.

The best way to detect a range-bound market is to use an indicator that shows you exactly in what direction the market is trading. One such indicator is the Bollinger band. Invented by John Bollinger, the Bollinger band has a lower band, a middle band and an upper band. The upper and lower bands show the confines of price movement in a consolidating market. Take a look at the chart below to see the illustration:

Looking at this daily chart of the EURUSD, we can clearly see that between June 10 and 1 st September, the market was range-trading. The Bollinger bands reveal the range of prices between the price floor and price ceiling.

Once you have something like this showing on your charts, use your horizontal line tool to trace two lines as shown. You now effectively have the 2 strike prices you need for your boundary trade.

Trade Types to Execute

You can now decide on which of the four boundary trade option contract types to purchase, and set relevant expiry dates. Most brokers will allow a minimum of 7 days for expiry, so make sure that the period of consolidation will at least, exceed that time frame. If you use a daily chart like we did above in this example, you will be able to get enough time to set an expiry.

Final Note

The boundary trade is not the only binary option contract that you can trade with this strategy. You can also use this strategy to trade a Touch/No Touch option contract. The bias here should be for a No Touch option contract, taking time to set the price barrier either to the upside or downside, well outside the range of prices as demarcated by your price floor and price ceiling. This way, you are sure that the price action of the underlying asset has no chance whatsoever of coming close to your price barriers.

If you need the price action to breach the boundaries, you can adjust your price barriers accordingly to make this happen.

Binary Options Trading with News

Binary options traders often rely on data that countries and companies publish regarding different aspects that greatly affect the market. News trading is a fundamental binary options analysis method that has found popularity among traditional and binary options traders because of the ease in obtaining the information. Some news releases may denote price rise or falls. And depending on the news, different assets can also be affected.

Trading the news has been used as a technique to trade equities, currencies and other financial instruments on the financial markets for the longest time. Trading news releases can be a significant tool for financial investors and traders because they hold information that is crucial to market movement. For example, news trading can be traced back to times when news of a certain merchant who is involved in a certain trade can greatly affect its patronage among its customers.

Economic news reports often result in strong moves in the markets, which may create positive trading opportunities for traders, if they know how to decipher the news correctly. Press releases about corporate profits, management change, and rumors of a merger, are all events that can cause a company’s share price to move considerably. Interest rates, employment and export/export rates, and a central bank’s policy change, are also kinds of news that can cause a deep change of an exchange rate.

Basing market trends on world and current events can be helpful. A press release of a country’s employment or retail data can greatly sway certain markets. However, new binary options traders are generally advised not to trade around news. Data releases may be helpful if you are a professional trader. But inexperienced traders should try to avoid trading around news or data releases. At times, news trading can be very volatile, and needs the expertise of an trader to do it successfully.

Types of News Trading

There are two types of news trading according to the method employed in obtaining the information. Any of these two are widely used by traders worldwide.

Manual News Trading

Binary options traders who trade in shares of a listed company know there are certain events that may cause the share price to rise or fall. These factors include sudden changes in energy prices, a labor strike at a supplier, a poor month for the sales, and thousands more of other factors. Manual News Trading is the method of making a profit by trading financial instruments just in time (JIT), and in accordance to the occurrence of those events.

Automatic News Trading

This method is also known as algorithmic trading, or as programmed trading. Automatic news trading has been there since electronic trading and digital tools have come about. However, this trading technique has increased in popularity since the early 2000s. As of 2009, studies suggested HFT firms accounted for 60–73% of all US equity trading volume, with that number falling to approximately 50% in 2020. Algorithmic trading allows investors to their computers to scan live news feeds and watch for items affecting any listed company.

When Not to Perform News Trading

New binary options traders should try to avoid trading before news releases because news speculators may be positioning themselves for the pending news. Sometimes, this causes unpredictable movements and spikes in the market, depending on the news release. Sometimes, if the news release is something really important, related markets may not even move at all. They just stay flat despite the impending change.

Novice binary options traders should also try to avoid trading after news releases because this is usually the situation where new traders get very excited about a sudden market shift and wipe their accounts when the market goes in the different direction. Since new binary options traders are not that experienced to truly understand the effect of the news, they usually just blindly trade, usually in large amounts because of their confidence levels, and lose.

Let’s say that a news release comes out at 10:30 in the morning. Now, we can classify traders as patient and impatient traders. Patient traders are those who wait at least 30 minutes before and after an impending news release before they make a move. Impatient traders are those who trade between 10:15 to 10:45, thinking that this is the time when market movement will react based on the impending news. Impatient traders should consider taking another 15 minutes to make sure that the news has stood ground. Patient traders could also consider taking a full hour with reference to the time of the release.

When Should You Look out for News

The following table shows the approximate times in Eastern Standard Time wherein the most pertinent economic releases for each of the following countries are published. These are also the times at which the binary options trader should be paying extra attention to the markets if he or she plans on trading with news releases.

United States USD 8:30–10:00 AM
United Kingdom GBP 2:00–4:30 AM
Japan JPY 6:30–11:30 PM
Canada CAD 7:00–8:30 AM
Germany EUR 2:00–6:00 AM
Italy EUR 3:45–5:00 AM
France EUR 2:45–4:00 AM
Switzerland CHF 1:45–5:30 AM
Australia AUD 4:45–9:00 PM
New Zealand NZD 5:30–7:30 PM

What Should You Look out for?

When trading news, the trader first needs to know which releases are actually expected that week. Second, it is important for the trader to know which data is important. Depending on the current state of the economy, the relative importance of these releases may change. For example, unemployment may be more important this month than trade or interest rate decisions. Therefore, it is important to keep on top of what the market is focusing on at the moment.

Generally speaking, these are the most important economic releases for any country:

  • Inflation
  • Retail sales
  • Unemployment
  • Interest rate decisions
  • Industrial production
  • Business sentiment surveys
  • Consumer confidence surveys
  • Manufacturing sector surveys
  • Trade balance

We will always contain the latest news to help you with binary options trading, so just stay tuned. In the meantime, we have compile a list of top binary options brokers to help you get on your way to making profits from successful binary options trades.

Best Binary Options Brokers 2020:

    Best Binary Options Broker 2020!
    Ideal for beginners!
    Free Demo Account + Free Trading Education!
    Get a Sign-up Bonus:


    2nd place in the ranking!

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