Up-and-In Option

DEFINITION of 'Up-and-In Option'

An option that can only be exercised when the price of the underlying asset reaches a set barrier level. This is a type of a knock-in barrier option.

Up-and-In Option

BREAKING DOWN 'Up-and-In Option'

The prices of these options tend to be lower than "vanilla options" as the ability to exercise the option is contingent on breaking the barrier.

Trading Center