# Down-and-In Put Option

## **Down-and-In Put Option: Guardian Angel Depth Charge** 

Cheapen downside protection by activating right to sell when market sinks below a certain level and detonating like a finely calibrated depth charge acting as a guardian angel; stepping in when the market falls too much.

<figure><img src="/files/dH298ejumbmbxnnCy9jN" alt=""><figcaption></figcaption></figure>

Select Desired Direction: DOWN

Knock IN given expectation underlier will move beyond barrier.&#x20;


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