What is the meaning of Down-and-In?

Down-and-In is an option feature by which a derivative contract becomes active when an indicator, such as price, drops through a trigger point or threshold. Related topics are Down-and-Out, Up-and-In, and Up-and-Out.

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APABarry Goldsmith. (2010). down-and-in. Retrieved September 24, 2026, from http://smartdefine.org/down-and-in/definitions/1152413
ChicagoBarry Goldsmith. 2010. "down-and-in" http://smartdefine.org/down-and-in/definitions/1152413 (accessed September 24, 2026).
HarvardBarry Goldsmith 2010, down-and-in, Smart Define, viewed 24 September, 2026, <http://smartdefine.org/down-and-in/definitions/1152413>.
MLABarry Goldsmith. "down-and-in" 21 October 2010. Web. 24 September 2026. <http://smartdefine.org/down-and-in/definitions/1152413>