Question Details

	Username: BobM Rating: Asked to: Heng Kim Date Created: 15 Sep 2016
Category	46
Tag	Financial
Question	Please give the definition of 'Ladder Option'.

Advice from Guru

Hello BobM,

An option that locks-in gains once the underlying reaches predetermined price levels or "rungs," guaranteeing some profit even if the underlying security falls back below these levels before the option expires.

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