Calculator: Double Binary Option

home articles option calculators equations archive equation editor forum

Calculators

Asian, fixed strike
Asian, floating strike
Barrier
Barrier, double
Binary, asset-or-nothing
Binary, cash-or-nothing
Binary, gap
Double Binary
Chooser, simple
Chooser, complex
Compound
Correlation
Exchange
Extendible, holder
Extendible, writer
Forward start
Lookback, fixed strike
Lookback, floating strike
Power
Product
Quanto
Quotient
Rainbow
Range
Spread
StrikeReset
TimeSwitch
Vanilla

Online Double Binary Option Calculator

-->

Description

A double binary option has a fixed cash payout based on two assets being above or below their strike. There are four types of double binary cash options.

The payoff function of a double binary call-call option.

Relevant Equations

The payoff equation for this option is given by: