Payoffs
Example charts demonstrating payoffs for long calls and puts
Here we display a visualization of the concepts from the last page.
The Night.win application allows users to create long cash or nothing options.
This means when the break even price (the price the user bets will occur) is hit, the user receives a payoff if they exercise the option.
This applies to both Long Calls (Betting on price appreciation) and Long Puts.
In the case of long puts. The user waits for the price to drop below a certain threshold to receive a payout.
The maximum payoff for any option bet is 100x.
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