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Banking

Special Expiration Price Option

An option that expires or pays off if the underlying hits or exceeds the outstrike price. For example, in the…

Extinguishable Option

An option that expires or pays off if the underlying hits or exceeds the outstrike price. For example, in the…

Vanishing Option

An option that expires or pays off if the underlying hits or exceeds the outstrike price. For example, in the…

Knock-In-Knock-Out Option

A combination of a knock-in option and a knock-out option. More specifically, a knock-in-knock-out (KIKO) option has two barriers: a...

Kick-Out Option

An option that expires or pays off if the underlying hits or exceeds the outstrike price. For example, in the...