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 Glossary   >   U   >   "Up-and-Out Option" Definition   

        Up-and-Out Option

A type of option that ceases to exist when the price of its underlying asset has reached a pre-specified price level.

Up-and-Out Option


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Up-and-Out Option - A type of option that ceases to exist when the price of its underlying asset has reached a pre-specified price level.


Up-and-Out Option : a type of option that ceases to exist when the price of its underlying asset has reached a pre-specified price level.