Examples of ‘one-touch’ bets are:
1. Will the Sep/Mar Eurodollar spread ever trade 20 ticks or more apart?
2. Will WTI oil trade up to $150 or more by the end of next year?
3. Will WTI oil trade down to $100 by the end of next June?
4. Will the price of the September US 10 year Notes futures rise to trade at or higher than $118?
The event, i.e. oil trading at $150 or higher only needs to happen once, for a split second, and the bet immediately becomes a winner or loser (no ‘dead-heats’). For this reason one-touch upbets and downbets are more of a gambler’s instrument than the regulars as the one-touch is really not a hedging instrument at all. Indeed, one-touch bets may be perfect for ...