Single payment options trading (SPOT) is also known as ‘binary option’. It is a kind of option product. It enables an investor the ability to set type conditions to be met for the desired payout to be received and to set the size of payout the investor shall receive when the conditions are met. The broker, in turn, provides the likelihood of the conditions being met and sets the what he or she feels like is the suitable commission. There are only two possible outcomes for this type of option. First, the conditions are met as set by the two parties involved, and the investor gets the his or her desired payment. Second, the conditions are not met and the events do not occur so the investor loses his or her full premium paid to the broker.