The Forex option chain is a valuable tool to help you make money in the foreign exchange market. There are several ways to use this tool. You can add a call option by clicking on the Ask value and a put option by clicking on the Bid value. The two options will be added to the Option Chain, and you can change their values by right-clicking the column header and choosing Configure Layout. You can also expand a group to add new columns. Once you’ve added new columns, click on the Shown Columns tab.
In the Options Chain window, you can add horizontal, vertical, and diagonal spreads. The horizontal spreads will be displayed in a matrix style, so you can interact with them. The spread quotes will appear in the cells, and you can adjust the spreads before entering your order. You can see the current price and volume of each of the spreads, as well as their spreads.
In addition, you can trade a forex option by selling it or buying it. The price of the option is based on the base currency, or the first currency in a pair of currencies. If you’re bullish on the currency, you’ll want to buy calls, and sell puts. If you’re bearish, buy calls.
When price drops, the number of open contracts will also decrease. This is due to the LONG COVERING process, where the LONGS sell more contracts than SHORTS, and the open interest decreases. When open interest decreases, the market is WEAKLY BEARISH. Similarly, a rising open interest will indicate that the market is headed towards a bullish trend.
Chained option contracts enable traders to automate a part of their binary trading activity. One strategy is a follow-the-trend strategy that automatically places a new contract if the previous one expires in the money. This strategy can result in a trader losing up to 15 times their investment in a single day.