Have you heard about binary options trading? It is a much popular term now and understanding it is a much easier and interesting thing than you ever expected. Binary option is a type of options trading in which a trader must essentially guess whether something specific will or will not happen. It is simply “Yes” or “No”. For example- It can be simple as guessing the share price of ABC Company. If the trader feels the share price of the company is above $25 on 22nd Feb at 11.AM and it is $27 at this time, the option exercises automatically and the trader gets the present amount of money!