Investor Alert: Binary Options Websites May Be Used For Fraudulent Schemes

Of the 34 total large Apple option trades on Tuesday morning, 22 were calls were purchased at or near the ask or puts sold at or near the bid, trades typically seen as bullish. The remaining 12 trades were calls sold at the near the bid or puts purchases at or near the ask, trades typically seen as bearish. The three largest trades of the morning were all bullish.

Акции Эппл активно торгуются на ведущих фондовых биржах мира — NASDAQ, NYSE, во Франкфурте и в Мексике. Тикер акций компании – AAPL. Данный торговый инструмент также широко внедряется брокерами на платформах бинарных опционов. На стоимость акций могут существенно повлиять самые разные события. Например, в 2020 году после смерти одного из создателей компании Стива Джобса акции упали в цене, но через некоторое время продолжили рост. Среди других факторов можно отметить: ежеквартальные отчеты компании о финансовом состоянии, внедрение инновационных технологий и новинок, репутация компании, инвестиционная привлекательность, инфляция, ситуация в политике и экономике как в США, так и в других странах.

At 9:42 a.m., a trader sold 658 Apple put options with a $310 strike price expiring on June 19 at the bid price of $19.25. The trade represented a more than $1.26 million bullish bet. At 10:12 a.m., a trader bought 1,001 Apple call options with a $330 strike price expiring on Sept. 18 near the ask price at $19.599. The trade represented a more than $1.96 million bullish bet. At 1:08 p.m., a trader bought 2,246 Apple call options with a $320 strike price expiring on Feb. 21 near the ask price at $9.165. The trade represented a more than $2.06 million bullish bet.

While the binary options space has been known to be populated by fraudulent exchanges or scammers, Nadex is 100% legitimate and is designated by the Commodity Futures Trading Commission (CFTC) as a Designated Contract Market and Derivatives Clearing Organization. The CFTC is a U.S. government agency whose mission is "to foster open, transparent, competitive, and financially sound markets," to "avoid systemic risk" and "to protect market users and their funds, consumers, and the public from fraud, manipulation, and abusive practices related to derivatives and other products that are subject to the Commodity Exchange Act."

In order to overcome this dilemma, some innovative binary options brokers have come up with the idea of an Islamic trading account or "Swap Free" account that eliminates Riba of any form during trading. For example, instead of having an open market position rolled over automatically making overnight interest payable, open positions in Islamic trading accounts are closed by 5 pm New York time and then reopen immediately hence avoiding any interest payable for the fresh 24 hour cycle.

In their simplest form, binary options can go only one of two directions, hence their name. You can be right or you can be wrong. They are an all or nothing type of trade and there is no middle ground. This might sound threatening, but they really are quite easy to understand . You select an asset and then predict whether you think that asset will go up or down in price. Once you figure this out, the broker that you are working with will display the percentage amount that you will have returned to you prior to officially committing your money to the trade. You then select the amount that you want to risk and the timeframe which you want to work within. Once these basic factors are all accounted for, you will click on the button that executes the trade. This is one of the greatest things about binary options. You have more information about how the trade will conclude with this type of trading than with any other type of trading.

Even traders who stick exclusively to stocks often monitor option market activity closely for unusually large trades. Given the relative complexity of the options market, large options traders are typically considered to be more sophisticated than the average stock trader.

Is Binary Options Halal and compatible with Islamic traditions? This has become an important question for prospective Muslim options traders as the financial industry has become available to everyone through online trading accounts. Here we look at the implications of Sharia Law on binary options trading and whether it is "Halal" or "Haram". The development of online trading in the financial industry in the last two decades has opened up new horizons for retail traders of all races and creed. With one quarter of the world’s population being Muslim, it is inevitable that more and more Muslim traders will join the online Islamic binary options trading scene. In Islamic economic jurisprudence or Shariah law, charging "Riba" or interest is forbidden and is considered as a major sin. Many brokers in sensing an opportunity that will benefit them as well as their Muslim traders came up with the idea of "Halal", or Islamic, trading accounts.