Trade in Groups

Fixed Return Options are “binary” otions with a per-contract fixed return amount of $100.00. Fixed Return Options are offered in the following two forms:

• Finish High FRO
• Finish Low FRO

A Finish High FRO is similar to a standard list call option in that an investor purchasing a Finish High FRO is bullish on the underlying security. Each long contract returns $100.00 if the Amex FRO Settlement Index closes above the strike price on expiration.

A Finish Low FRO is similar to a standard listed put option in that an investor purchasing a Finish Low FRO is bearish on the underlying security. Each long contract returns $100.00 if the Amex FRO Settlement Index closes below the strike price on expiration.

So Finish High or Finish Low your grand prize payout will amount to $100.00. See the chart below for a visual representation of the FRO payout upon expiration.