Bank of America has 5 KPI binary options on Cboe: EPS, Revenue, Net Interest Income, Credit Loss Provisions and Net Income. Each contract pays $1 if the figure Bank of America reports for the quarter is at or above the strike, and nothing if it's below.
Figures are as reported by Bank of America. When a company reports, BinaryKPI reads the figure from its earnings release on the SEC's EDGAR system the same day and confirms it against the 10-Q or 10-K when that is filed. Cboe sets the contract terms and strikes.
Quarterly history for every BAC contract, print-day values and alerts, and the probability at every strike. Founding members pay $19 a month.