Knock-In Option
📈 Investing
intermediate

Quick Definition

A knock-in option is a type of barrier option that only comes into existence if the underlying asset reaches a certain price.

Examples

  • 1A trader buys a knock-in call option with a barrier at $50. If the stock price hits $50, the option activates, allowing the trader to buy the stock at a predetermined price.
  • 2An investor purchases a knock-in put option on a commodity. The option will only become active if the commodity's price drops to a specified barrier level, providing a hedge against price declines.
  • 3A company uses knock-in options to manage currency risk on foreign transactions. The option is structured to activate only if the exchange rate reaches a certain unfavorable level, protecting the company's financials.

Tags

optionsderivativesfinancial-instrumentsrisk-managementinvestment-strategy