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Accrual Option

An option on an option which is made up of a strip of European digital or binary options. In this...

Wall Option

A variation on corridor option in which the accrual corridor is one-sided. That suggests the other side or boundary of...

Parisian Option

A barrier option in which the barrier activation/ deactivation (knock in or knock out) is conditional on the underlying price...

Variable-Notional Option

An option which has, like a European option, a fixed expiration date (it can only be exercised at that date),...

SSF Option

It is an acronym for single stock futures option, which is an American-style option in which the underlying is a...

As-You-Like-It Option

An option that allows its holder to choose between going with it as a call or as a put at...

Cap and Floor

An option-based strategy that is designed to establish a costless position and secure a return. It is a type of...

Range Accumulation Option

An option that accrues in value (payoff) for each day that the reference index rate remains within a specified range...

Cross Option

A currency option- usually on a foreign currency or a currency basket or index- that is made or written at...

Ratchet Inverse Floater

Another name for the snowball; a hybrid derivative instrument that allows investors harboring a strong feeling that rates will fall...