An option that ends an european option if the price goes beyond a barrier. If the barrier is not crossed the european option is safe. Refer to down and in, down and out, knockout, reverse knockout, and up and in option.
UP AND OUT OPTION
An option that ends an european option if the price goes beyond a barrier. If the barrier is not crossed the european option is safe. Refer to down and in, down and out, knockout, reverse knockout, and up and in option.