Tag Archives : Cliquet Option

What do you know About Cliquet Option?

What do you know About Cliquet Option?

A cliquet option or also called ratchet option is name given to an exotic option consisting of a series of consecutive forward start options. The first is active on immediate basis.While the second one becomes active when…

Option Style: Non-Vanilla Path Dependent Exotic Options

Option Style: Non-Vanilla Path Dependent Exotic Options

Below are given the “exotic options” that are still options, but they have payoffs calculated quite differently from those that I have mentioned in my previous post. Although these instruments are far more unusual and they can also…

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