题目
A down-and-in call option is an option that:
选项
A.comes into existence when the underlying asset price rises to a designated barrier price.
B.comes into existence when the underlying asset price falls to a designated barrier price.
C.ceases to exist when the underlying asset price falls to a designated barrier price.
D.ceases to exist when the underlying asset price rises to a designated barrier price.
答案
B
解析
This is the definition of a down-and-in call: “in” signifies that the option comes into existence when the price moves “down” to a specified barrier.这就是向下敲入式看涨期权的定义：in表示的是：当价格向下到一个指定的障碍时，期权就会生效。