What is the meaning of Knockout Option?

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

Barry Goldsmith
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APABarry Goldsmith. (2010). knockout option. Retrieved September 26, 2026, from http://smartdefine.org/knockout_option/definitions/1156830
ChicagoBarry Goldsmith. 2010. "knockout option" http://smartdefine.org/knockout_option/definitions/1156830 (accessed September 26, 2026).
HarvardBarry Goldsmith 2010, knockout option, Smart Define, viewed 26 September, 2026, <http://smartdefine.org/knockout_option/definitions/1156830>.
MLABarry Goldsmith. "knockout option" 21 October 2010. Web. 26 September 2026. <http://smartdefine.org/knockout_option/definitions/1156830>