Explicit Option is an option whose strike and expiration are clearly stated. There is a direct payment for this specific option contract. In the case of an implied option, the price adjustment is reflected in the instrument such as a mortgage.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). Explicit Option. Retrieved September 28, 2026, from http://smartdefine.org/explicit_option/definitions/1153483 |
| Chicago | Barry Goldsmith. 2010. "Explicit Option" http://smartdefine.org/explicit_option/definitions/1153483 (accessed September 28, 2026). |
| Harvard | Barry Goldsmith 2010, Explicit Option, Smart Define, viewed 28 September, 2026, <http://smartdefine.org/explicit_option/definitions/1153483>. |
| MLA | Barry Goldsmith. "Explicit Option" 21 October 2010. Web. 28 September 2026. <http://smartdefine.org/explicit_option/definitions/1153483> |