i>Strike price or SR: This is the price at which you can buy the stock (if you have bought a call option) or the price at which you must sell your stock (if you have sold a call option).
ii>Expiry time: The length of time from the moment you take a “call” or “put” option contract until it closes. Once a trade expires, the end result would be either a win or a loss.
iii> ITM- ‘ In of the money’ which means that after a trade you have successfully generated a profit..
iv>OTM- ‘ Out of the money’ which means that after a trade you have incurred a loss.
v>Binary Option Signal :Binary Options Signals are stock market trade alerts, supplied by professional traders with the aim of assisting fellow traders about how and when to trade. Signals are sent in real time either by email, text message alert or via a website. Signals are time-bound and therefore have an expiry time.
vi> Pay-outs: Payout is the value of money that a trader receives from his broker for his profitable binary options trade.