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Vanilla Option

A standard option with no special or add-on features. Generally, vanilla products have standard and well-defined properties and trade actively. This category...

Corridor Option

A path-dependent option that is typically embedded in a structured note (range note), allowing the holder to receive a coupon at maturity,...

Annapurna Option

A type of mountain range options (on the market since 1990s) that offers the option holder a payoff provided that none of the underlying...

CDS Option

A European option that grants the holder the right, without the obligation, to buy or sell credit protection on a specific reference entity for a specific...

Credit Default Swaption

An option on credit which gives the holder the right to enter into a credit default swap at a given expiration date, at no...

Credit Swaption

An option on a credit default swap. It provides the holder with the right, without the obligation, to enter into a credit default swap at...

Option Beta

In essence, beta is a measure of how a stock’s volatility changes in relation to the overall market. An option's beta is the covariance of the option's return...

One-Touch Option

A type of exotic option in which the holder receives a payout once the price of the underlying asset reaches or exceeds a specific...

Baseball Option

A barrier option which will be knocked out or deactivated if the outstirke barrier has been hit or touched three times during the option's life....

TARF

It stands for target redemption forward; a structured product (specifically a target redemption note) which consists of a strip of forwards each of which...