You decide to Sell 1 contract at 58.50. Each contract is worth $1 per point to you.

The Ceiling level is 100.00, so the maximum possible adverse movement is 41.50 (100.00 – 58.50) or $41.50 per contract.

You have sold one contract so your maximum possible loss is 1 contract x 41.5 x $1 = $41.50. In this instance you must have $41.50 in your account, plus any trading fees, in order to open the position.

You decide to hold the position for the rest of the day, when it expires at 4:15pm.

The Expiration Value at 4.15pm ET (calculated from the E-mini S&P 500 index futures) is 1334.25, meaning the conditions of the Binary Option were met and it settled at 100.

Your loss is calculated as follows:

Opening price: 58.5
Closing price: 100

Difference: 41.5 points

Loss: 1 contract x 41.5 x $1 = $41.50

You decide to Buy 1 contract at 62.50.
 

The Floor level is 0, so the maximum possible adverse movement is 62.50 or $62.50 per contract.

You have bought 1 contract so your maximum possible loss is 1 contract x 62.50 x $1 = $62.50. You must have $62.50 in your account, plus any trading fees, in order to open this position.

You decide to hold the position for the rest of the day, when it expires at 4:15pm ET.

The Expiration Value at 4.15pm ET (calculated from the E-mini S&P 500 index futures) is 1334.25, meaning the conditions of the Binary Option were met and it settled at 100.

Your profit is calculated as follows:

Opening price: 62.50
Closing price: 100

Difference: 37.50 points

Profit: 1 contract x 37.50 points x $1 = $37.50

You decide to Sell 5 contracts at 20.50. Each contract is worth $1 per point to you.

The Ceiling level is 100.00, so the maximum possible adverse movement is 79.50 (100.00 - 20.50) or $79.50 per contract.

You have sold five contracts so your maximum possible loss is 5 contracts x 79.50 x $1 = $397.50. In this instance you must have $397.50 in your account, plus any trading fees, in order to open the position.

You monitor your position throughout the day and the euro rallies. Three hours later it looks increasingly likely the EUR/USD is going to finish the day above 1.3975, and the binary's market price has consequently risen to 69-72. You close the position early by clicking the market in the ‘Open Positions’ window and placing an order in the opposite direction – in this case, Buy. The option closes at a level of 72.

Your loss is calculated as follows:

Opening price: 20.50
Closing price: 72

Difference: 51.50 points

Loss: 5 contracts x 51.50 x $1 = $257.50

You decide to Buy 5 contracts at 24.00. Each contract is worth $1 per point to you.

The Floor level is 0, so the maximum possible adverse movement is 24 or $24 per contract.
 

You have bought 5 contracts so your maximum possible loss is 5 contracts x 24 x $1 = $120.
  You must have $120 in your account, plus any trading fees, in order to open this position.

You choose to hold the position until the end of the day, when it expires at 3pm ET.
 

The Expiration Value at 3pm ET (calculated from the Spot EUR/USD rate) is 1.3982, meaning the conditions of the Binary Option were met and it settled at 100.
 
 

Your profit is calculated as follows:

Opening price: 24.00
Closing price: 100

Difference: 76 points

Profit: 5 contracts x 76 x $1 = $380