What will they think of next? Is trading options with a weekly expiration too long? According to latest news, the newest binary option contract from Nadex, the 20 minute option, might suit some traders’ needs.

The North American Derivatives Exchange (Nadex), a regulated online binary options exchange in the U.S. announced the launch of 20-minute binary options contracts earlier this week.

The new contracts are geared at retail traders who have a short-term speculative focus and want to get involved in the options market. The new 20-minute binary contracts will be listed between the hours of 9:40am and 4pm EST, Monday through Friday and are available on the top U.S. Index products.
Prior to the launch, Nadex options have had hourly, daily and weekly expiration time. Prior to the launch, Nadex options have had hourly, daily and weekly expiration times. Nadex’s new binary contracts will have durations of 20 minutes, with expirations on the hour, at 20 minutes after the hour and 40 minutes after the hour

In just one week, options contracts with an expiration of 20 minutes have become the second most popular offering on trading platform Nadex, as retail investors seek faster and faster gratification. Continue reading →