It can be very much successfully applied into the binary

The straddle strategy is widely used in the market to speculate and hedge. It can be very much successfully applied into the binary options trading. However, the pricing and the timing need to be further adjusted and tested before the straddle technique could be implemented. Binary options are the fixed payout derivatives and offer “all or nothing” scenario in the intraday trading. The straddle strategy would be a losing one, when the payout is less than the potential loss.

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