E
Early Exercise Price Trigger
E
Early Exercise Price Trigger
The provision of CAPS
contracts
under which the CAPS option terminates early with
settlement
at its maximum value if the
underlying
index is priced at or through the cap or
outstrike
price at the
close
of any trading session. Also called
Trigger Option
. See also
Capped Index Options (CAPS)
(diagrams).
Glossary
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E