Learn more about the ZooParent Program by clicking here. Macaws are easily identifiable birds. Their body plumage is primarily red while the wings are a mix of blue and green. It measures between 35 to 40 inches long, weighs between 2.5 and 3.5 pounds, and has a wingspan measuring between 44 and 49 inches.
By Investopedia Staff. An option is a contract that gives the buyer the right, but not the obligation, to buy or sell an underlying asset at a specific price on or before a certain date. An option, just like a stock or bond, is a security.he two types of options are calls and puts: 1  A call gives the holder the right to buy an asset at a certain price within a specific period of time. 2  A put gives the holder the right to sell an asset at a certain price within a specific period of time.
A binary option is a type of option where the trader takes a yes or no position on the price of a financial asset, and the resulting payoff is all or nothing. Because of this characteristic, binary options can be easier to understand and trade than traditional options. Know how to interpret a binary option price. 2  The price at which a binary option is trading is an indicator of the chances of the contract ending in-the-money or out-of-the-money.