Abstract
Barrier options are among the most common exotic options used in practice. They are path-dependent, that is, their payoffs depend not only on the underlying asset prices at maturity, but also on those prior to maturity. We consider here the example of a down-and-out put option.
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Bibliography
J. C. Hull, Options, Futures, and Other Derivatives, 9th ed., Pearson, 2014.
P. Wilmott, Derivatives, Wiley, 1999.
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in ’t Hout, K. (2017). Barrier Options. In: Numerical Partial Differential Equations in Finance Explained. Financial Engineering Explained. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-137-43569-9_10
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DOI: https://doi.org/10.1057/978-1-137-43569-9_10
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Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-137-43568-2
Online ISBN: 978-1-137-43569-9
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