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Com E-Book. You must select Call if you believe that the price will increase and Put if you believe that it will decrease. If you choose to select range Range, you must determine if the price of the underlying asset will stay in or go out of a predetermined range before the time of expiration. Finally, if you select Touch as your binary option, the price of the underlying asset must touch a predetermined strike price before the time of expiration.
There are some variations of Touch, such as double touch and no-touch options trading as well.