Down-and-out option
Barrier option that expires if asset price hits a barrier.
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DOWN-AND-OUT OPTION - Barrier option (or knock-out option) that initially is a plain vanilla option, bu...
DOWN-TICK - Refers to a trading transaction which is executed at a lower price than the preceding one. ...
Barrier option that comes into existence if asset price hits a predetermined price level.
Down-and-out option
Barrier option that expires if asset price hits a predetermined price level.
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 See also: Down-and-in option, Values, Sinking Fund, Convertible Bond, Call price
  
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