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Multi-Asset Option – Fincyclopedia
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Specialty Option

An option which gives its holder the right to exercise on the best or worst return earned on two or…

Multi-Currency Option

An exotic currency option (currency option) that allows investors to hedge their exposures in different currencies and speculators to profit...

Multi-Asset Derivative

A derivative whose payoff depends on the performance of a set of assets, and implicitly on the correlation among the...

European Multi-Asset Option

A multi-asset option that is exercisable in a European style. European-style exercise implies that an option (a European option) can...

Multiple Asset Option

Multi-asset option; an exotic option whose payout (payoff) depends on the overall performance of more than one underlying asset, as opposed...

Portfolio Option

A multi-factor or multi-asset option whereby the holder (buyer or long), in case of a call, is entitled to receive...

Best-of-Two-Asset Option

A rainbow option (also known as an either-or option or an alternative option) whose payoff is based on the performance...

Cross Speed

An option sensitivity (literally a cross Greek) that measures the rate of change of gamma in one underlying (of a...

Cega

The first-order sensitivity (delta) of the price of a multi-asset option to a move in the correlation(s) between two underlyings...

Correlation Delta

The first-order sensitivity (delta) of the price of a multi-asset option to a move in the correlation(s) between two underlyings...