What is the meaning of Knockin Option?

Knockin Option is an option that "comes to life" when a trigger event occurs. Typically when a price crosses a particular barrier it pulls the trigger. (Cf. Knockout Option.).

Barry Goldsmith
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APABarry Goldsmith. (2010). Knockin Option. Retrieved September 28, 2026, from http://smartdefine.org/knockin_option/definitions/1156828
ChicagoBarry Goldsmith. 2010. "Knockin Option" http://smartdefine.org/knockin_option/definitions/1156828 (accessed September 28, 2026).
HarvardBarry Goldsmith 2010, Knockin Option, Smart Define, viewed 28 September, 2026, <http://smartdefine.org/knockin_option/definitions/1156828>.
MLABarry Goldsmith. "Knockin Option" 21 October 2010. Web. 28 September 2026. <http://smartdefine.org/knockin_option/definitions/1156828>