What is the meaning of Knockout?

Knockout is an option feature which triggers the cessation or kills an option contract. See: Down-and-Out and Up-and-Out.

Barry Goldsmith
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APABarry Goldsmith. (2010). Knockout. Retrieved September 29, 2026, from http://smartdefine.org/knockout/definitions/1156829
ChicagoBarry Goldsmith. 2010. "Knockout" http://smartdefine.org/knockout/definitions/1156829 (accessed September 29, 2026).
HarvardBarry Goldsmith 2010, Knockout, Smart Define, viewed 29 September, 2026, <http://smartdefine.org/knockout/definitions/1156829>.
MLABarry Goldsmith. "Knockout" 21 October 2010. Web. 29 September 2026. <http://smartdefine.org/knockout/definitions/1156829>
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