Deferred strike option
An option where the strike price can be specified as the underlying asset price any time before maturity. After the strike is specified, the option becomes a vanilla option until maturity of the option.
Nearby TermsDeferred nominal life annuity Deferred payment annuity Deferred strike option Deferred tax expense Deficiency
Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University