Basically, option means a consoling choice available when the price of an asset deteriorates due to passage of time.

“Call and Put” options in binary trading decides the fortune of traders. Basically “call options” is use to predict the risen value of asset over the certain period of time whereas “put options” is predicted for fallen value of assets over the certain period of time. You can see its numerical example on http://www.no1options.com/trading/ and easily understand what I am trying to say. This trading has only two outcomes i.e. fixed payoff or loss, so before entering in trade make sure to learn all aspects of it.