The premium or option price on the second leg of a compound option, i.e., on the put option (with the...
A sort of put option which is linked to the credit worthiness of a borrower. The holder of the option...
A second-order greek that measures the instantaneous rate of change of an option’s delta with respect to the passage of...
A floor is a put option on a specified interest rate such as LIBOR, Euribor, the US prime rate, or...
An option whose underlying is a forward contract. This option gives the holder the right to enter into a forward...
A path-dependent option that is typically embedded in a structured note (range note), allowing the holder to receive a coupon...
A currency option- usually on a foreign currency or a currency basket or index- that is made or written at...
A discrete model for pricing options that was introduced by Cox, Ross and Rubinstein in 1979. In this model, the...
An asset that is held primarily for consumption (end-user needs) and not usually for investment or resale. Examples include different...
An interest rate floor which consists of a limited string of floorlets designed to hedge future floating rate receipts, specifically...