A binary CALL option, or digital CALL option, is a trade where the investor predicts that the price will rise between the time of the option trade and its expiry date.
Binary CALL options can be a good trading strategy when a mood of confidence has produced a bull market. However, even when the market is rising, there are always short term fluctuations, so digital CALL options are a definite possibility in a bear market too. Remember, digital options are all about the short term.
You’re the investor, so your knowledge and experience will determine what you do during each binary trade – will it be a binary CALL option or not?