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GlossaryProducts & contracts

Double one-touch option

A fixed payout is triggered if either an upper or lower barrier is reached during the observation period.

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Do not confuse

Common comparison error

Touching and crossing are not interchangeable in Double one touch option; written equality and No touch option decide.

Practical use

How to verify Double one-touch option

Read Double one-touch option together with Double no-touch option, No-touch option, Binary option. The comparison must preserve the exact rule, value, state, and evidence described below.

A neutral example

With spot 100, Double one touch option uses lower 95 and upper 105. A path touching exactly 105 tests equality, quote side, monitoring frequency, and Double no touch option. A reviewer labels the case Double one touch option only after showing that reaching either the upper or lower level during the window can trigger the fixed payout.

Evidence path

Where to verify Double one-touch option

Use the source that governs the exact contract, account, entity, or platform state. A general definition cannot replace current broker terms.

Broker contract specificationConfirm the outcome condition, strike or barrier, observation window, expiry, payout, tie rule, and settlement record for the exact product.
CFTC binary options resourcesReview product-risk and fraud explanations published by the U.S. derivatives regulator.Open source