Glossary
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Knock In A call or put option that does not take effect until the underlying security reaches a predetermined price. There are two varieties of knock ins: 'down and ins' take effect when the underlying security falls to a certain price, and 'up and ins' take effect when the underlying security rises to a certain price. (See also Knock Out).
Knock Out A call or put option that expires if the underlying security reaches a predetermined price. There are two varieties of knock outs: 'down and outs' expire if the underlying security falls to a certain price, and 'up and outs' expire if the underlying security rises to a certain price. (See also Knock In).
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C, D, E,
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V, W, X,
Y, Z.
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