Derivatives
Fluffy Barrier Option
July 24, 2020
Investment Banking
Face Time
July 24, 2020

barrier option that has two outstrikes, one in knock-in (kick) direction and the other in knock-out (knock) direction. In other words, the outstrikes are both of a knock-out type. The first is only effective before a prespecified flip date, while the second is only effective after the flip date.

Flipping Barrier Option

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