Double One Touch Option

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Double One Touch Option

Double One Touch Options are options that allow the option buyer to pay a fixed amount according to the underlying asset touching a certain two levels.

The party purchasing the option has the opportunity to earn a leveraged return. The option selling party gets the opportunity to generate more premium income than the regular option premium.

The Advantages of
Double One Touch Option

It has a different operating logic than Call / Put options and these options allow the buyer to receive a payment as a result of the option transaction.
Double One Touch options give the buyer the right to receive a payment if the exchange rates touch the specified levels any day until maturity.
The option buyer purchases the option by paying a sum of on the date of the transaction, and if the conditions of the option are met, the buyer receives a payment at the end of the term, if the conditions are not met, the buyer will not receive a return
The condition of this option is that the exchange rates touch the levels to be determined. If the exchange rates touch these levels, the option will be valid, but if it is, no returns will be made.
The greatest advantage for such options is that exchange rates touch the determined levels as a result of short-term sudden movements.

Things to know about
Double One Touch Option

  • It will be sufficient to visit our nearest branch and sign the relevant transaction document.
  • Right after the necessary documents are signed and submitted to the Near East Bank Customer Respresentative, you will be informed about your application within a week.
  • Option transaction lower limit is 5,000 USD.

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