A cliquet option which gives the holder the right to receive a headline coupon adjusted for negative returns (instead of...

An option whose payoff depends solely on the events specified to take place upon expiration, rather than the path taken...

It stands for intrinsic value; generally, it is the effective monetary advantage which would be obtained when an option is...

Generally, it is the effective monetary advantage which would be obtained when an option is immediately exercised. In call options,...