You are simply making a guess on whether or not the trade will end up with a price that is ↑higher↑ or ↓lower↓ than its starting price. There are three major categories which are traded. First are currencies such as the $. And the €. Make up another category and the major indices like NASDAQ. Forms of Options Trading. Besides the option price and the expiration period, there are four basic divisions for options trading. Which are: one touch. And double no touch. The opposite are called double no touch.