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The expiration and current indicative price of oil are displayed at the top of the order ticket. Your potential maximum profit or loss is clearly shown at the bottom, before you enter a trade excluding exchange fees. When trading binary options on Nadex, the prices you see reflect the implied probability that the prediction you are making will be true, at that moment in time, as priced by the marketplace.

Prices, and therefore implied probabilities, will constantly fluctuate as the price of oil changes and expiration moves closer. You can choose to close a position early to lock in profits or limit losses. To close a long position, sell it at the current market price. To close a short position, buy it back at the current market price. And there you have it. You can now leverage Nadex Binary Options to trade the price of oil futures. Download a Nadex demo account. Find out what binary options are and how they work.

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