Caput is an exotic option. It represents a call option on a put option. That is, you purchase the option to buy a put option at a particular price on or before the expiration date.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). caput. Retrieved September 20, 2026, from http://smartdefine.org/caput/definitions/1149448 |
| Chicago | Barry Goldsmith. 2010. "caput" http://smartdefine.org/caput/definitions/1149448 (accessed September 20, 2026). |
| Harvard | Barry Goldsmith 2010, caput, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/caput/definitions/1149448>. |
| MLA | Barry Goldsmith. "caput" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/caput/definitions/1149448> |