Asset-or-Nothing Put Option
An option payoff that is equal to the asset's price if the asset is below the strike price, otherwise the payoff is zero.

Investopedia Says:
These types of options don't function like regular (plain vanilla) options that pay the difference between the exercise (strike) price and market price at expiry.

Related Terms:
Asset-or-Nothing Put
Call Option
Exercise
Option
Put
Strike Price

• Infrastructure Trust
• Ingot
• Inheritance
• Inheritance Tax
• Inherited IRA
• In-House
• In-House Financing
• Initial Cash Flow
• Initial Claims
• Initial Interest Rate
• Initial Interest Rate Cap
• Initial Margin
• Initial Public Offering (IPO)
• Initial Public Offering (IPO)
• Initial Rate Period
• Inland Bill Of Lading
• Inorganic Growth
• In Play
• INR
• In-Service Withdrawal
• Inside Director
• Inside Market
• Inside Quote
• Insider
• Insider Information