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Digital No-Touch Option

A digital option that pays out if the underlying doesn’t touch (breach) a specified barrier. Therefore, the option includes a...

Instant One Touch Option

A barrier option (also a type of binary/ digital options) whose payoff will be paid out at first hitting time:...

Continuous Barrier Option

A barrier option in which in which the payoff is contingent on whether a specific level has been crossed or...

Transatlantic Barrier Option

An exotic barrier option which has one American-style barrier and one European-style barrier. Conventionally, the American-style barrier is out-of-the-money, while...

Weakly Path-Dependent Option

A path-dependent option whose payoff, at the time of exercise or expiration, does not depend much on the price events...

Soft Path-Dependent Option

A path-dependent option in which the payoff depends only on one event or piece of information. A good example is...

Binary Range Option

An exotic option, and a variant on range option, which combines the features of both barrier and digital options, though...

Tokyo Option

A barrier option that aims to prevent a knock out. Pricing of such an option depends on the amount of...

Barrier Swaption

A swaption which activates or comes into life when the swap coupon crosses a threshold level or “barrier”. It comes...

Barrier Price

The specified interest rate, or any underlying price, that activates (knocks in) or deactivates (knocks out) a barrier option. The...