It stands for knock-out swaption. In essence it belongs to the class of barrier options. Thanks to the knock-out mechanism,...
A combination of a knock-in option and a knock-out option. More specifically, a knock-in-knock-out (KIKO) option has two barriers: a...
An option that expires or pays off if the underlying hits or exceeds the outstrike price. For example, in the...
With respect to barrier options, it is a method to calculate the time spent outside the barrier, whereby all the...
A barrier option (introduced in the mid-1990s by Bankers Trust Australia) in which the barrier level needs to be breached...
A down-and-out option (literally, a knock-out barrier option) that deactivates, i.e., expires if the market price of the underlying falls...
A down-and-in option (literally, a knock-in barrier option) that activates into a put option if the market price of the...
With respect to barrier options, it is a method to calculate the time spent outside the barrier, whereby all the...
A standard barrier option where an event takes place at the first touch of the pre-specified barrier. In other words,...
A basic or plain barrier option where an event takes place at the first touch of the pre-specified barrier. In...