Bermudan option: Difference between revisions

Revision as of 13:33, 26 October 2016

An option which can be exercised only on pre-specified dates up to its maturity.

So Bermudan options’ characteristics are part-way between European-style and American-style options in respect of their exercise dates.

The term derives from Bermuda's geographical location 'part-way' between Europe and America.

Also known as a 'Bermudan-style' option.

Revision as of 13:29, 26 October 2016 (view source) imported>Doug Williamson (Create the page. Source: Bermudan-style option page.)		Revision as of 13:33, 26 October 2016 (view source) imported>Doug Williamson (Layout.) Newer edit →
Line 6:		Line 6:


	Also known ~~more simply~~ as a 'Bermudan option'.		Also known as a 'Bermudan-style' option.