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Asiatic Option

A path-dependent option in which the payoff is based on an average of underlying asset prices, interest rates, indices, or…

Average Option

A path-dependent option in which the payoff is based on an average of underlying asset prices, interest rates, indices, or...

Banking On Overall Stability (BOOST)

One of the numerous names for corridor option. By definition, it is a path-dependent option that is typically embedded in…

Payment Floor

A path-dependent interest rate option (specifically an interest rate floor) which provides investors holding floating rate assets with protection against…

Payment Cap

A path-dependent interest rate option (specifically, an interest rate cap) which protects its holder against increases in total interest obligations…

Quanto Asian Option

An option that results from the combination of an Asian option with a quanto option. The payoff, which is quoted...

Extremum-Dependent Option

A category of path-dependent options in which the option's payoff depends on the "extreme" price (either up or down) attained...

Ladder Option

A time-dependent option that locks in gains once predetermined price levels are reached by the underlying. The “ladder” label refers...

HAMSTER

It stands for hope for a market stabilization in a given range, which is one of the numerous names for...

Quantity Cap

A path-dependent interest rate option (specifically, an interest rate cap) which protects its holder against increases in total interest obligations...