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GlossaryProducts & contracts

High/low option

A common binary option that settles by whether price finishes above or below a reference level at expiry.

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Do not confuse

Common comparison error

Call or put wording in High low option does not necessarily grant the conventional exercise right associated with Up down option.

Practical use

How to verify High/low option

Read High/low option together with Call/Put binary option, Up/down option, Binary option. The comparison must preserve the exact rule, value, state, and evidence described below.

A neutral example

Under High low option, the reference crosses a target at 14:02 then ends below at 14:05. The accepted path rule, not the Call put binary option screenshot, decides. The scenario is specific to High low option: settlement compares the final reference with a strike or entry under an exact equality rule.

Evidence path

Where to verify High/low 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