A type of option, which pays out on the basis of the aggregate value of a specified basket of financial assets (underlying basket).
An option with an underlying asset made up of a basket of securities (stocks or commodities).
Package that involve the exchange of more than two currencies against a base currency at expiration. The basket option buyer purchases the right, but not the obligation, to receive designated currencies in exchange for a base currency, either at the prevailing foreign exchange market rate or at a prearranged rate of exchange. Multinational corporations with multi currency cash flows frequently use basket options because it is generally cheaper to buy an option on a basket of currencies than to buy individual options on each of the currencies that make up the basket.
An option constructed around a series (or 169basket170) of different commodities, securities or currencies. For example, a currency basket option gives its holder the right to buy (call) or sell (put) a specified basket of foreign currencies in exchange for a fixed price (denominated in the investor's native currency) at a specified future date. Currency basket options have become prominent in modern portfolio management practices, as they allow investors to hedge all or most of their foreign currencies simultaneously, often at lower cost than would be incurred for individual option contracts on each currency.
a derivative contract where the underlying asset is a portfolio of stocks rather than a single stock
an option whose payoff depends on the value of a portfolio (or basket) of assets
an option that has a payoff dependent on the total value of a predifined portfolio.
an option that enables the purchaser to buy or sell a basket of commodities. The value of a basket option is dependent on both the volatility of the individual commodities and the correlation between the prices of commodities in the basket.
An option on a portfolio or "basket" of underliers.
An option built around a series (or basket) of different securities, currencies or commodities.
An option whose value is determined by that of a weighted basket of more than two different commodities, currencies, indices, interest rates or stocks set against the value of a buyer's asset related to a single commodity, currency, index, interest rate or stock.
Options based on the total value of a previously agreed portfolio.