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Take-and-Pay Option 

An option that is established by trading the underlying. An example is an energy option in which the rate of…

Flexi Option

A variant of swing option which provides more flexibility in terms of contractual features for purposes of interest rate risk...

Swing Option

In the energy market, it refers to an agreement to buy energy at a certain fixed price during a specified...

Multiple Exercise Option

An option that allows the holder to repeatedly exercise the right to receive greater or smaller amounts of the underlying. In...