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A down-and-out option is a type of knock-out barrier option that expires when the price of the underlying security falls to a specific price level.
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Knock-Out Option - Overview, Types, Practical Example, knock out
Knock-Out Option - Overview, Types, Practical Example, knock out
Knock-Out Option - Overview, Types, Practical Example, knock out
Knock-Out Option - Overview, Types, Practical Example, knock out
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Knock-Out Option - Overview, Types, Practical Example, knock out
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Knock-Out Option - Overview, Types, Practical Example, knock out
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