B
Boston Option
B
Boston Option
(1) Another name for
Break Forward
. Also called
Cancelable Option
,
Forward Break
,
Forward with Optional Exit (FOX)
. (2) Less frequently used to name a
deferred premium option
where the premium is paid at expiration whether or not the option is exercised. Contrast with
Contingent Premium Option
(diagram). See also Deferred Premium Option.
Glossary
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