Initially, the word “option” referred only to a type of security. Such instruments are the central object of buying and selling, which means they have their own price. It seems simple, but the option price is a concept that cannot be called a price in the usual sense. An option is both a service and a product at the same time. This is what defines the main specificity of this type of security.

  Options are divided into two main types — call and put. Both have different meanings and applications and can apply to both standard and binary options. A call option is a very popular instrument on the financial market. Traders (market participants who strive for and earn profit not from the fact of buying or selling, but from the trading process itself) most often use call options when working in the options market.