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Option__Barrier_Type

Barrier Type refers to List of the possible effects a "barrier hit" may have on the option payoff.
By "barrier hit" is meant the event of the underlying price touching a predefined value representing the level of the barrier.
Also an optional rebate amount, payable as soon as the barrier is hit, may be specified.
Available Barrier Type types:
Lower Knock-In
The option gets activated as soon as the underlying price hits the barrier from above.
If the barrier is never hit, the option expires worthless.
Lower Knock-Out
The option expires worthless as soon as the underlying price hits the barrier from above.
Upper Knock-In
The option gets activated as soon as the underlying price hits the barrier from below.
If the barrier is never hit, the option expires worthless.
Upper Knock-Out
The option expires worthless as soon as the underlying price hits the barrier from below.