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One Touch Option

An option type where the trader predicts whether the price will reach (touch) a specified target level at any point before expiry. The trade is won the moment the target is touched, regardless of where the price is at expiry.

Related Terms

Trading Platform The software used to execute trades. Zentrader offers a web-based platform that is fully compatible… Cashback A bonus credited to a trader's account. Cashback can be offered as part of a… Overbought A condition where an asset's price has risen sharply and may be due for a… Major Currency Pair The most heavily traded currency pairs in the world, all of which include the US… Expiry / Expiry Time The predetermined time at which an option contract ends and the outcome is determined. On… Cryptocurrency A digital or virtual currency that uses cryptography for security and operates on a blockchain.…

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