Asset-or-Nothing Put Option

Asset-or-Nothing Put Option is a type of put option where the payoff is nil, if the asset price is higher than the strike price; while the payoff equals the asset price, in case the strike price is higher.

How Does Asset-or-Nothing Put Option Applied in Options Market?
This option is different from the plain vanilla options which make a payment of differential price between the market rate and the strike price at the expiry of the option.

Related posts:

1. Asset-or-Nothing Call Option
2. How Does “Bear Call Spread” Applied in Options Market?
3. Barrier Option
4. Average Price Call
5. What Does “Average Price Call” Mean?