Digital options are a type of risky derivative that allows traders to speculate on the future price movement of an asset. Digital options offer a versatile way to trade the financial markets with the potential to earn high rewards. They give investors more control over their investment as they can choose from different strike prices and available expiration dates depending on how much time they want before the option expires.
In addition, digital options are also leveraged, which means that traders can make significant profits even when the underlying asset moves only marginally in their favor. There is also a comparison of digital options vs binary options in which you can find a lot of useful information.