Binance options is a derivative product offered by the Binance cryptocurrency exchange, which allows traders to speculate on the future price movements of various cryptocurrencies. With Binance Options, traders have the ability to choose between call-and-put options, giving them the flexibility to profit in both bullish and bearish market conditions. Binance Options also offers various expiration dates and strike prices, giving traders the ability to customize their trades to their specific risk preferences and investment strategies. However, options trading can be complex and risky, so it is important for traders to have a thorough understanding of how options work before getting involved.