A Parisian option is a crossover between a barrier option and an Asian option. However, the payoff of a Parisian...

Gamma is the second derivative of the option’s price (premium) with respect to the underlying price/ rate. It is usually...

A digital option (also a binary option) is an option which pays off a fixed amount of money if a...

At inception, swaps are transacted at zero cost to both parties. A swap with a zero cost is called a...

The option contract (option) is a zero-sum game (not a win-win situation) because the gains made by the option's buyer...

A limit option is, by definition, an exotic option whose payoff depends on whether the underlying asset price reaches a...

Gamma is the second derivative of the option’s price with respect to the underlying price/ rate. It is usually considered...