Been trading for a while but still confused about this part.
What exactly happens if I don’t close my position before expiration? Does it just disappear or do I lose everything I put in?
Had a few trades recently where I forgot to check before they expired and want to understand what actually happened.
When an option expires, it settles automatically. If your trade is successful, you’ll receive a payout. If not, you’ll lose your initial investment. There’s no need for any action on your end, and even trades you forgot about will settle. It’s a straightforward win-or-lose situation with no rollovers involved.
Binary options expire automatically. If the trade is successful, you receive a payout. If not, you lose your investment. No action is needed at expiration.
Everything’s automatic. If you lose, you just lose your stake - I lost $75.
Trades settle automatically when they expire - you don’t need to do anything.
The platform checks if your prediction was right. If you got it right, you receive payment based on the percentage shown when placing the trade. If wrong, you lose your stake.
This occurs whether you are monitoring your trades or not. Those trades you forgot about? They have already settled.
Blew $200 in my third week because I somehow thought expired options would just roll over.
If you’re right, the platform pays you automatically. If you’re wrong, your money’s gone.
That’s binary options - you either win the payout or lose everything you put in.