AT-HIT OPTION
\athˈɪt ˈɒpʃən], \athˈɪt ˈɒpʃən], \a_t_h_ˈɪ_t ˈɒ_p_ʃ_ə_n]\
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A BINARY OPTION that grants the buyer an immediate payoff equal to a fixed ASSET or cash value if the price of the UNDERLYING market reference breaches the BARRIER at any time during the transaction. See also ASSETATHIT OPTION, ATEXPIRY OPTION,BINARYBARRIER OPTION, CASHATHIT OPTION.
By Henry Campbell Black
Nearby Words
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