Asian Tail
An option feature whereby a reference price is activated at the end of an option should the underlying fall below a specified average before option expiry. Investopedia Says:
This method of averaging the level of the underlying protects the investor from sudden and adverse price movements. Related Terms:
Balloon Option
Cliquet Option
Exotic Option
Mid-Atlantic Option
Option
Settlement Date
Settlement Price
Shout Option
Strike Price
Underlying
Vanilla Option |