L
   
   Lookback Option
   















 

L

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 * L