Nonfarms

Binary Option Example

The Nonfarm Payrolls figure rose by 120,000 the previous month, and you are confident the upward trend will continue.

CHOOSE MARKET

You expect another strong showing from the Nonfarm Payrolls this month, based on the current trend.

You choose:

Nonfarm Payrolls >= 150000

Example Trade

COMPLETE TICKET

You opt to Buy as you think the figure will be above 150,000 at 8:30am on Friday.

You select 3 contracts at the offer price of 55.00. Each contract is worth $1 per point.

Your Maximum Profit and Loss are displayed automatically.

The most you can make is $135; the most you can lose is $165*.

MONITOR TRADE

When the official Nonfarm Payrolls figure is released at 8:30am on Friday, your Binary Option will settle at:

100 if the figure is at or above 150,000

0
if the figure is below 150,000

  1. PROFIT

    At 8:30am, the Bureau of Labor Statistics' official nonfarms figure is above 150,000.

    Your trade settles at 100.

    The difference between your opening price (55) and the settlement price (100) is 45.

    Multiply 45 by the number of contracts (3) and the contract value per point ($1) to calculate your gross profit.

    45 x 3 x $1 = $135*

    *Fees apply

  2. LOSS

    At 8:30am, the Bureau of Labor Statistics' official nonfarms figure is below 150,000.

    Your trade settles at 0.

    The difference between your opening price (55) and the settlement price (0) is 55.

    Multiply 55 by the number of contracts (3) and the contract value per point ($1) to calculate your gross loss.

    55 x 3 x $1 = $165*

    *Fees apply

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