One of the multiple component options that form a cliquet. Each cliquette expires at its respective date, with all the...

One of the multiple component options that form a cliquet. Each cliquetlette expires at its respective date, with all the...

An option whose strike price is not fixed at the start. In general, this option constitutes a basket of component...

A set of component options known as cliquetlettes that expire one succeeding the other. As an option, a cliquet resets...