Shout Option
An exotic option that allows the holder to lock in a defined profit while maintaining the right to continue participating in gains without a loss of locked-in monies. Investopedia Says:
Shout options can be structured so that holders of this contract have more than one opportunity to "shout" or lock in profits. This allows holders to continue to benefit from positive market movements without the possibility of losing already locked-in profits. Related Terms:
Balloon Option
Cliquet Option
Exotic Option
Mid-Atlantic Option
Option
Settlement Date
Settlement Price
Strike Price
Underlying
Vanilla Option |