A capped call whose payoff is received instantaneously by the option holder. The payoff is a cash amount equal to…
A barrier option which has a hard barrier (i.e., a level rather than a range). This option is typically knocked…
A payoff (of some derivative instrument) whose amount is a convex function of the value of the underlying instrument. Generally,…
A lookback option that allows the holder to choose to have a call or a put option on the same…
An option whose payoff shows a singularity jumping from zero to a positive value. In other words, this option has...
A payoff (of some derivative instrument) whose amount is a concave function of the value of the underlying instrument. The...
The gain attained or the loss incurred by the holder of a forward contract at delivery date. In general, the...
A cliquet option which gives the holder the right to receive a headline coupon adjusted for negative returns (instead of...
An option whose payoff depends solely on the events specified to take place upon expiration, rather than the path taken...
A hybrid derivative instrument that is used by investors willing to bet on rising rates in a binary (digital) fashion....