Binary and Barrier options

Viewing and managing binary and barrier option positions

Here you can see an open binary options position. The grey vertical plot line indicates the start time of the trade which is equal to when your trade is confirmed on the blockchain. On Arbitrum this takes ~1 second. The red vertical plot line shows when your trade will expire.

Position management screen for an ETHUSD binary options

The component on the right shows information about your trade amount, remaining time to expiration, current status and Unrealized PnL.

Current status can be OTM or ITM. OTM means 'out of the money' or losing. ITM means 'in the money' or winning. If your trade ends ITM then you win!

Unrealised PnL is the current Profit or Loss according to the live status. This Unrealised PnL becomes 'realised' when the trade closes or expires.

When an open position ends, it becomes closed and will disappear from your positions list. It is then moved to your history.

If you have multiple open positions you can press the VIEW button to show them on the chart.

Here is a double-touch position open.

Double-touch position

Touch and No-touch positions will not reflect status and PNL live like binary options or vanilla options, this information will only be recorded when the trade ends.