It stands for multiperiod strike reset option; an option in which the strike price is periodically reset with multiple payouts....

A path-dependent exotic option that has two or more assets as underlying. The option's barrier is placed on a number...

An outperformance option in which the payoff is based on the difference between the performances of more than one index....

An option whose value is determined by the performance of, and the correlation between, two or more financial prices. This...

A monetary constant, typically set at $100, which is used to figure out the dollar value of the stock index...

An option to exercise on a bundle of long forwards. The forwards have a maturity date identical to the option’s...

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

A collar is a spread strategy used to protect unrealized profits on a position already established. To this end, an...

A collar is a spread strategy used to protect unrealized profits on a position already established. To this end, an...

An exotic option which offers a guaranteed payout if the underlying breaks through a preset price/ rate at a specific...