Cliquet option
id:
cliquet-option-315-276190
title:
Cliquet option
text:
A cliquet option or ratchet option is an exotic option consisting of a series of consecutive forward start options. The first is active immediately. The second becomes active when the first expires, etc. Each option is struck at-the-money when it becomes active. A cliquet is, therefore, a series of at-the-money options but where the total premium is determined in advance. A cliquet can be thought of as a series of "pre-purchased" at-the-money options. The payout on each option can either be paid
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Cliquet_option
date created:
date modified:
2023-06-23T16:53:30Z
main entity:
{"identifier":"Q1101825","url":"https://www.wikidata.org/entity/Q1101825"}
image:
fields total:
13
integrity:
13