Another name for barrier option. By definition, it is an exotic option whose payoff depends on whether the underlying asset...
An exotic option whose payoff depends on whether the underlying asset price reaches a specified threshold (a predetermined knock-in or knock-out price) or not....
A rebate barrier option where a rebate is paid if the barrier has not been touched (for knock-in options) or has been...
The probability of early exercise on an American option. In other words, it refers to the amount of time that is left until...
An exotic option whose payout (payoff) depends on the overall performance of more than one underlying asset, as opposed to a standard vanilla...
A variation on maximum and minimum options (best-of and worst-off options) which pays the Euclidian distance between the current price and the strike price of its...
An OTC-traded financial instrument (option) that allows the holder to take views on the volatility of a market. In its simplest form,...
An option trading strategy that involves buying a call option at a given strike price and selling a call option...
A cash-settled European call option whose exercise price is zero or very close to zero. Since its being exercised is almost certain,...
A payer (receiver) zero-coupon swaption is an option which gives the holder the right to enter into a payer (receiver) zero-coupon interest rate...
