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Buying or Selling Forex Spot Options

As a warning for forex options traders, if no specific option matches your needs or goals, do not purchase it. The forex markets will allow you to write your own options if you disagree with any of the existing options out there. Sure, there are always the standard One Touch and No Touch options, but only buy/sell those options if you feel comfortable with them. Also, if you write your own options, just make sure that you can satisfy your end of the bargain if you end up being wrong about your predictions.