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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...

Path-Dependent Option

An option whose terminal value depends wholly or partially on the price sequence (path) of the underlying over a specified...

Path-Independent Option

An option whose payoff depends solely on the events specified to take place upon expiration, rather than the path taken...

Binary Floor

A digital option that constitutes a floor combined with a European lower barrier. More specifically, it is an option whose...

Trigger Option

A provision which is typically attached to a CAPS option, whereby it terminates before expiration date and is settled at...

Binary Range Option

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

Time-Dependent Option

An option contract whose payoff depends on the price of an regular option at a single future time. For instance,...

Tokyo Option

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

Self-Quanto Option

A quanto option in which the terminal payoff is denominated in a foreign currency, instead of the domestic one (the...

Binary Cap

A binary option that constitutes a cap combined with a European upper barrier. More specifically, it is an option whose...