A Shout Option

question 28

Multiple Choice

A shout option

• A)Is like a barrier option but in which the option holder gets to choose a barrier at any point.
• B)Is effectively an American option which can be exercised at any time before maturity.
• C)Is an option where you can lock-in "early-exercise" profits at any one point and receive,at maturity,the maximum of these locked-in profits or the moneyness of the option at maturity.
• D)Is a Bermudan option with only one specified early-exercise date,that is,it can be exercised early on that given date or at maturity.

---

Definitions:

Life Cycle

The series of stages that an entity (such as a product, organization, or project) goes through from initiation to its eventual termination or renewal.

Social Change Issue

A problem that is recognized by society as needing to be addressed in order to achieve justice, equality, or improvements in human rights, environmental conservation, or community welfare.

Analysts

Professionals who examine data, trends, or systems in specific fields to provide insights, recommendations, or forecasts.

Political Action Committees

Organizations that collect contributions from members and donate those funds to campaign for or against political candidates, legislation, or policies.