FTSE100 Undervalued at Cedar Finance
FTSE100 Undervalued at Cedar FinanceApril 24, 2013
Cedar finance, a leading binary options broker, has the FTSE100 priced at 6422.4200 with a 70% payout at 13:00 GMT today. While the data feed comes from Reuters and is 100% legit, the recent downgrading by Moody’s from AAA to AA1 has created an unjustified stampede to the greenback (USD) and other traditional safe-haven currencies, as well as the DJIA and S&P500.
This is an opportunity for savvy traders to come in and start taking positions on this index before the market realigns itself based on fresh economic data and comparative analysis against the DAX and Nikkei averages.
Other binary options brokers using the Spotoption platform and basing their trading contracts on Reuters-Thompson data are Traderush, EasyXP, and Redwood Options. All of these sites are considered to be recommended top tier brands and I personally have open positions on all of them.
The 24option platform uses Morningstar as their source of data, and Anyoption also uses one of the two as far as I know. Cedar Finance has their Call ratio at 47% versus 53% on put. Traderush has a 50% split both ways on the call/put ratios with a 74% payout on the FTSE.
To sum up, if you have a weak heart kick back and wait for this little storm to settle down. If you are into taking risks, this would be an extremely advantageous moment to buy FTSE positions and sell when it goes back up.