Choices, choices and binary options choices

On the way up Binary Options Mountain ... Deep in the money

So much in life is about timing, so there's no reason that binary options should be any different! If you've never been one for good timing, then you might want to think twice before getting into this field of investing. What does timing for binary options mean anyway? It means that the entire investment is based on being correct in terms of time. First, you select an asset that you want to watch. Then, you decide how much you want to invest and you predict what will happen to the asset. But here's the trick - the prediction is based on a certain time frame. This means that you are saying that something will happen to the asset within a given time frame. And that time frame is the key to it all. People love working within this time frame with binary options.
When you look into binary options, you are dealing with an asset. What does this mean? An asset is an item that is set at a certain price today (or this minute) but that will change price over time. Gold, for instance, is an asset. Oil barrels are another. Stocks are an asset, as is silver and more. Your job with binary options is to select an asset that you feel you know well and then to predict what will happen with that asset in a very specific amount of time. It's best to select an asset that you feel you know well because this will make it easier for you to predict what you think will happen with this asset in that time frame. This is a great piece of advice - so start to pay attention to a specific asset and enjoy binary options! It's a great investment vehicle that so many people enjoy.

Sticky bling. Oil is the new gold.

As gold has skyrocketed in value and now dances at a price-per-ounce that reminds us of the year of the French revolution, we are now moving more into the field of owning oil and holding on to it for several months at a time or even longer. Binary options traders now trade oil like they would gold, specifically because its price is loosely connected to work events which give binary trading a slight advantage in predictability and hence profitability.

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"We haven't seen binary options trading of oil on this volume in nearly, well, never..." said Peter Green, a trading consultant based in South Carolina, "Aside from fueling our cars and houses, it now looks like oil is also fueling our speculation economy"

According to another source that declined to give her name, binary options trading and oil mix very well because of the volatility of the market combined with the markets dance on the coat-trails of political events. This provides a stable and predictable investment model that many binary options traders are able to take advantage of.

 

Oil prices plunge, but motorists not getting much relief at pump

By ROD WALTON World Staff Writer
Published: 8/9/2011  2:26 AM
Last Modified: 8/9/2011  3:58 AM

Crude oil futures fell to their lowest level in nearly a year Monday, but Tulsa gasoline prices are still clinging to an average that was charged when a barrel cost close to $20 more.

"With markets the way they are, it's anybody's guess on what they're going to do," AAA-Oklahoma spokesman Danial Karnes said. "It's all over the board."

That board is making a steep downhill run at the moment. West Texas Intermediate crude oil for September delivery dropped $5.57 on Monday to settle at $81.31 per barrel on the New York Mercantile Exchange.

The closing crude price is the lowest since it settled at $80.05 on Aug. 31, 2010. The one-year high for WTI was $114.83 per barrel on April 29.

Tulsa retail gasoline, meanwhile, is not falling by the same leaps and bounds. The Tulsa average reported by AAA is $3.44 per gallon, but it was closer to $2.50 when domestic crude oil was last around $80.

"Gas prices aren't always logical," Karnes said. "But logic tells us if oil continues to fall, then gas prices should continue to fall as well."

The price at many QuikTrip stations in Tulsa was $3.39 on Monday afternoon. The QuikTrip price at the end of last August - the last time crude oil was anywhere near this low - was $2.46 per gallon. 

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