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Lookback Option
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Lookback Option
A call (put) option giving the holder the retroactive
right
to buy (sell) the
underlying
at its minimum (maximum) within the lookback period. Also called
Dint
,
Best Strike Option
,
Lookback Strike Option
. See also
Barrier Option
,
Best Buy Option
, Best-Price Option,
Hindsight Currency Option
, Path- Dependent Option,
Exotic Options
,
No-Regrets Options
,
Strike Bonus Option
. Compare to
Lookback Price Option
(diagram).
Glossary
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