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Weakly Path-Dependent Option

A path-dependent option whose payoff, at the time of exercise or expiration, does not depend much on the price events...

American Put Option

An American option contract which gives the holder the right, but not the obligation, to sell an underlying asset at...

Atlantic Spread

The spread that forms when an investor/trader holds position in a European option and a corresponding American option. This options...

Target

The expected time to exercise an American option. It also refers to the probability of early exercise on an American option. In other...

Russian Option

A variant on American option, and a perpetual lookback option without a predetermined expiration date (and hence the other name: perpetual American lookback option)....

Atlantic Option

An option that can be exercised on discrete dates before expiration, such as the first of every month. This option is similar...

Fugit

The probability of early exercise on an American option. In other words, it refers to the amount of time that is left until...

Japanese Warrant

A warrant representing American call options, that was issued outside Japan and traded over the market (OTC), denominated in many world currencies including the...