Barrier Options Clause Samples

A Barrier Options clause defines the terms under which options contracts become activated or deactivated based on the underlying asset reaching a specified price level, known as the barrier. In practice, this clause outlines the conditions for the barrier event, such as whether the option is knocked in or knocked out if the asset price crosses the barrier during the contract period. The core function of this clause is to provide a mechanism for structuring options with contingent payoffs, allowing parties to tailor risk exposure and premium costs according to specific market scenarios.
Barrier Options. In connection with any Barrier Options between the Parties, Party B acknowledges that: a) As part of its business, Party A regularly trades in the foreign exchange spot, forward, futures and options markets for its own account and for the accounts of other customers. Such trading may affect spot prices in the Currency Pair. b) Party A generally hedges its Barrier Option positions by buying or selling a quantity ▇▇ ▇▇▇ relevant currency, and may adjust (increase or decrease) its hedge as market conditions change during the life of the Options and it believes that it is more or less likely that a Barrier will be breached. Such hedging and de-hedging activity may affect spot prices and may thus affect the probability of a Barrier being breached. Schedule-7
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Barrier Options. The type of Option whereby the premium payments are made depending on the fact that whether the Financial Asset subject to the Option Trading reaches or exceeds a predetermined level on the determined option expiration date or until the option expiration date or during the observation period.
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Barrier Options. Barrier options have a “barrier” or “trigger” value B specified along with the strike price K. Barrier options start out as being either “on” or “off”, and can switch states once if the stock price hits the trigger at some point prior to their expiration. If the option is “on” at expiration, then the payoff is calculated as normal. There are two primary types of barrier options: Knock-In Options, and Knock-Out Options. These options start out in the “off” state, but turn on if the stock price hits the barrier. We classify knock-in options based on the value of the barrier in relation to the current stock price. • An up-and-in option is a knock-in option in which B > S 0 . • A down-and-in option is a knock-in option in which B ∈ S 0 . These options start out in the “on” state, but turn off if the stock price hits the barrier. We classify knock-out options based on the value of the barrier in relation to the current stock price. • An up-and-out option is a knock-out option in which B > S 0 . • A down-and-out option is a knock-out option in which B ∈ S 0 . Barrier options can also be priced using binomial trees. As with Asian options, the option value at any given node is dependent on the path taken to the node, so the tree cannot be allowed to recombine.
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Barrier Options. Bolt mounted
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Barrier Options. Track Mounted 17.2.1. Two track mounted barriers in lieu of bolt mounted barriers:
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Barrier Options. Barrier Options are options that are either activated or deactivated when the price of the underlying passes through some predefined value referred to as the barrier. (May be put or call options and may be combined).
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Related to Barrier Options

  • Layoff Options Affected employees who have completed their probationary period shall have the following options:

  • Other Options Other options, or variations to the above options may be agreed between the employer, the affected employee and the relevant union.

  • Access Options You may withdraw or transfer funds from your account(s) in any manner we permit (e.g., at an automated teller machine, in person, by mail, Internet access, automatic transfer, or telephone, as applicable). We may return as unpaid any check or draft drawn on a form we do not provide, and you are responsible for any loss we incur handling such a check or draft. We have the right to review and approve any form of power of attorney and may restrict account withdrawals or transfers. We may refuse to honor a power of attorney if our refusal is conducted in accordance with applicable state law.

  • Share Options With respect to the share options (the “Share Options”) granted pursuant to the share-based compensation plans of the Company and its subsidiaries (the “Company Share Plans”), (i) each Share Option intended to qualify as an “incentive stock option” under Section 422 of the U.S. Internal Revenue Code of 1986, as amended (the “Code”), so qualifies, (ii) each grant of a Share Option was duly authorized no later than the date on which the grant of such Share Option was by its terms to be effective (the “Grant Date”) by all necessary corporate action, including, as applicable, approval by the board of directors of the Company (or a duly constituted and authorized committee thereof) and any required shareholder approval by the necessary number of votes or written consents, and the award agreement governing such grant (if any) was duly executed and delivered by each party thereto, (iii) each such grant was made in accordance with the terms of the Company Share Plans, the Exchange Act, and all other applicable laws and regulatory rules or requirements, including the rules of the New York Stock Exchange (the “Exchange”), and (iv) each such grant was properly accounted for in accordance with IFRS in the financial statements (including the related notes) of the Company. The Company has not knowingly granted, and there is no and has been no policy or practice of the Company of granting, Share Options prior to, or otherwise coordinating the grant of Share Options with, the release or other public announcement of material information regarding the Company or its subsidiaries or their results of operations or prospects.

  • Employee Options A regular employee who is subject to displacement shall have the right to select one of the following options. Upon written presentation of the options, the employee shall have 3 full working days to select an option. This time limit may be extended by the mutual agreement of the Parties: (a) accept training, if applicable; or (b) accept placement in a vacant position, either within or outside the bargaining unit, in accordance with the provisions of this Article; or (c) exercise the bumping rights referred to in this Article; or (d) accept layoff, retaining the right to recall and to severance pay in accordance with this Agreement; or (e) accept severance in accordance with Article 9.03 of this Agreement.