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  • July 28, 2021
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Instant One Touch Option

A barrier option (also a type of binary/ digital options) whose payoff will be paid out at first hitting time: once the barrier is breached for the first time during the lifespan of the option. Otherwise, no payoff accrues.

This is in contrast with one touch options (OT) in which the payoff amount is only paid at maturity.


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