Bet Over or Under on the future price of a security at a specific point in time. One does not own the underlying assets being the securities.... just like you do not own the sports team or player in which you place a wager. Binary options are not an investment vehicle at all. Binary options do not carry the right nor carry to obligation to the underlying asset; not to be confused with options in which one has the right, but not the obligation to trade the underlying assets.
For more information about binary options....ya know, if you are into gambling; feel free to check-out the following investopedia link: http://www.investopedia.com/video/play/binary-options/
