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remibi
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Joined: December 4th, 2001, 8:57 pm

Cliquet / Ratchet options

March 15th, 2002, 9:12 am

Hi all,Can the panel of experts please explain what are cliquet / ratchet options ? In particular, what are the payoff of these options ?Thanks
 
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Chukchi
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Joined: December 15th, 2001, 3:43 am

Cliquet / Ratchet options

March 15th, 2002, 9:34 am

Here is simple description of Cliquet and Ratchet (Ladder) Options.Other Financial Derivatives.