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What is “At-the-money” expiry?

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What is “At-the-money” expiry?

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In Binary Trade Options, an “at-the-money” close on a contract indicates that the purchase price of the contract is equal to the price of the contract at its close. In other words, the option does not close above or below the contract price. If this were to occur when trading binary options at UFXBank it will be counted as a loss and you will receive back a percentage of your initial investment as in any other “out-of-the-money” expiry.

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