Go to Deriscope's documentation start page

Payoff__Direction

Direction refers to List of possibilities in relation to whether the payoff amount (from the point of view of the long payoff holder) is increased or decreased when the underlying variable - on which the payoff amount depends - changes.
Available Direction types:
Call
A change on the underlying variable has a positive effect on the payoff amount received by the long holder.
In other owrds, increasing the value of the variable leads to a higher payoff.
Put
A change on the underlying variable has a negative effect on the payoff amount received by the long holder.
In other owrds, increasing the value of the variable leads to a lower payoff.