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Floating-Strike Lookback Option

An option (specifically, a lookback option) that gives the holder the right to buy or sell the underlying asset at...

Asiatic Option

A path-dependent option in which the payoff is based on an average of underlying asset prices, interest rates, indices, or…

Average Strike Option

An option whose payoff depends on the difference between the final asset price and the average strike price. More specifically,...

ASRO

It stands for average strike rate option; an option in which settlement or payment on exercise depends on the difference...

Average Strike Rate Option

An option in which settlement or payment on exercise depends on the difference between the cash price or rate at...

Floating-Strike Asian Option

An option (Asian option) whose payoff depends on the average price of the underlying asset during the life of the...