This type of an option allows you to gain profit from predicting a rise in price within two specific time periods during the day. The payout ratio for this type of option is fixed at 1.80. In case of a gain, the net profit is 80% of the invested funds.
You predict that EUR/USD will rise between 15:30 and 17:00, and you purchase an intraday call option worth 100 USD. If the EUR/USD rate moves higher at 17:00 compared to 15:30, you will receive a gain of 100*1.80=180 USD, while your net profit will be 180-100=80 USD.