A capped call (or specifically an automatic cash-out option) whose payoff is a specific maximum level and which will automatically be exercised when its intrinsic value reaches or exceeds that level. The option holder will receive the maximum payout whenever the maximum level is touched or broken through.
Notice: Undefined variable: myString in /hermes/bosnacweb04/bosnacweb04ai/b1550/ipg.lantanasolutionsbh98965/fincyclopedia/wp-content/themes/independent/template-parts/post/content-single.php on line 41
Comments