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Infinite Ladder Option

A ladder option that has no limit on the number of price levels (rungs) on the ladder. Unlike most ladder...

Modified Ladder Option

A ladder option that has a fixed strike price. This option , which carries a predetermined strike price, allows the...

Ladder Rung

In connection with a ladder option or similar-type option (e.g., a shout option), a ladder rung is a trigger strike...

Rung

In connection with a ladder option or similar-type option (e.g., a shout option), a rung is a trigger strike at...