Barred Call

Disclaimer: This content is for educational purposes only and does not constitute financial advice. Options trading involves substantial risk and is not suitable for all investors. Barrier options are complex instruments; you should fully understand their terms and risks before trading.

Restricts the device from making certain types of calls. Common configurations include: All Outgoing: Blocks every attempt to place a call. barred call

Restricts who can reach the device.

If knocked out before expiry, payoff = 0 regardless of S_T. Disclaimer: This content is for educational purposes only