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GlossaryProducts & contracts

Range option

Also called a boundary or In/Out contract; settlement may use the final price or the full path between two barriers.

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Direct answer

Where this term appears

This term usually appears in a product selector, order ticket, contract specification, or settlement explanation. Read the full rule instead of inferring the contract from its marketing name.

Use the definition above together with the exact value, condition, timestamp, account, product, or payment context shown by the broker.

Do not confuse

How Range option differs from related terms

Range option is often researched beside Ends Between/Ends Outside and Double barrier and In/Out Ends. The labels can appear in the same workflow, but they do not describe the same field or condition.

01
Ends Between/Ends Outside

A broker-specific range contract decided by whether the final price ends inside or outside two barriers.

02
Double barrier

Two price levels that define an upper and lower boundary for an In/Out or range contract. Check whether settlement uses only the final price or the full path before expiry.

03
In/Out Ends

A boundary contract settled by whether the final price ends inside or outside a defined range.

Practical use

Describe the event that determines the payoff

Range option means also called a boundary or In/Out contract; settlement may use the final price or the full path between two barriers. A contract label is shorthand for an outcome condition, observation rule, expiry, and predefined payoff. Marketing names vary, so the written specification matters more than the label.

A neutral example

Translate the product into a neutral sentence: what must happen, which price is observed, when observation begins and ends, what equality means, and how much cash is returned for each result state.

01
Specification

Product rules covering observation, equality, cancellation, and settlement.

02
Order ticket

The accepted contract's asset, condition, strike or barriers, expiry, stake, and payout.

03
History

A settled example retaining the final value, result, timestamps, and any correction.

In a broker review

How to use Range option in a comparison

In a broker review, do not read Range option in isolation. Match the broker's own definition to the relevant contract, account, pricing, payment, or platform screen and record the condition that changes its meaning.

Comparison context

Why it matters when comparing brokers

How to use this term

Product labels can look similar while using different settlement rules. Identify the exact condition, strike or barrier logic, observation period, expiry method, and stated payout before comparing one broker with another.

What it does not prove

A familiar product name does not prove that two brokers offer the same contract. Platforms can use different definitions, price references, expiry cutoffs, and tie rules.

Broker checklist

What to verify

Check these points on the broker's product screen, account flow, terms, or help pages.

01
Contract rule

Confirm the precise winning, losing, tie, and void conditions.

02
Price reference

Identify the quote source and price used at entry and settlement.

03
Time control

Check the observation window, expiry method, and order cutoff.

04
Displayed return

Compare the ordinary payout and any condition attached to a headline maximum.

Quick answers

Common questions

Short answers for users comparing binary options brokers and account conditions.

What is Range option commonly compared with?

Range option is commonly compared with Ends Between/Ends Outside. Ends Between/Ends Outside means: A broker-specific range contract decided by whether the final price ends inside or outside two barriers.

Why does this term matter when comparing brokers?

Product labels can look similar while using different settlement rules. Identify the exact condition, strike or barrier logic, observation period, expiry method, and stated payout before comparing one broker with another.

What should I check when comparing this feature?

A familiar product name does not prove that two brokers offer the same contract. Platforms can use different definitions, price references, expiry cutoffs, and tie rules. Check the broker's definition, applicable terms, and account or product screen before relying on the label.