Vanilla options and singler/double barriers

Hi I know I'm a noob, but can some take the time to explain the above to me?

I'll really appreciate ur time and efford.

Thanks

Vanilla option is your plain ordinary put or call option with an underlying, an expiry date and a strike price. I'm not sure how much of a noob you are and whether that is helpful. If that answer does not make complete sense then there is some more info and links in the introductory posts of the Options sub forum underneath the derivatives forum.

If you do understand basic options then these following two links may be of help. If you fully understand both of those then you're clever enough to take part in the Options forum discussions where traders of huge intellect spend time making up rude names for each other.

Barrier Options

http://www.global-derivatives.com/options/barrier-options.php


Double Barriers

http://my.dreamwiz.com/stoneq/products/dbo.htm

Best of Luck



Gareth

Hi Traders,

I'm looking for a broker that offers trading in both spot forex and forex exotic options, specifically knock-outs. Can anyone suggest one or a few? There's tons of information about what exotic options are on the 'net, but seemingly nothing about where to trade them. Thanks so much in advance, traders.