Common comparison error
The winning side of Call put binary option does not receive unlimited market gain; accepted cash payoff and Up down option rules control.
A binary-platform label for a High/Low or Up/Down contract based on whether price finishes above or below a reference level. It is not the exercise right in a conventional call or put option.
The winning side of Call put binary option does not receive unlimited market gain; accepted cash payoff and Up down option rules control.
Read Call/Put binary option together with High/low option, Up/down option, Path-dependent binary option. The comparison must preserve the exact rule, value, state, and evidence described below.
A 100-unit Call put binary option references EUR/USD, pays 80 net above 1.0850 at 14:05 UTC, loses 100 below, and refunds equality; High low option is specified separately. This cannot be swapped with a neighboring term: for Call put binary option, call and put label above-versus-below settlement rather than a conventional option exercise right.
Use the source that governs the exact contract, account, entity, or platform state. A general definition cannot replace current broker terms.