It’s Friday and it’s a big day across the world in many aspects. Last night, President Trump launched tomahawk missiles at Syria in retaliation for suspected chemical weapon use, we have a potential Supreme Court Justice that will gain final approval with only a simple majority in the Senate for the first time in 100 years, and the Jobs report is due out at 8:30 a.m. ET. How are the markets setting up this morning ahead of a potentially volatile day on many fronts? Let’s take a look!
Nadex offers binary options on a variety of indices, commodities and currencies with varying time expiration’s. Here we see a chart of the US 500 Index, which is based off the CME® E-mini S&P 500 Futures price, as of about 8:00 ET this morning. Along the right axis are some of the binary options available that expire at 4:15 p.m. ET today, leaving about 8 hours and 15 minutes.
Whether you’re bullish, bearish, or market neutral there are trading opportunities for all methodologies in binary options. What kind of risk reward are you looking for and what kind of movement are you anticipating in S&P 500 today before the 4:15 p.m. ET expiration?
If you’re looking for a large move in either direction for the S&P 500 then there are a variety of binary options to choose from, all of which include defined risk. Regardless of what side of the trade you decide to go for with binary options you will always have defined risk, and in fast markets that can be any trader’s best friend.
To see for yourself the types of defined risk trading opportunities on the Nadex Exchange open a demo account today and they’ll provide you with $25 K of practice funds to experiment with before investing any of your hard earned real cash. There is plenty of uncertainty across the world right now, and that uncertainty could provide for fast move in a variety of markets. Be ready for the next great trade by opening a Nadex account today!