> For the complete documentation index, see [llms.txt](https://docs.ithacaprotocol.io/docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.ithacaprotocol.io/docs/ithaca-app/trading/stories/barriers/up-and-in-call-option.md).

# Up-and-In Call Option

## **Up-and-In Call Option: The Sniper**

Cheapen right to buy, which springs to life when asset price rises past a barrier; like a sniper waiting for just the right market climb to take its shot. 

<figure><img src="https://4105275983-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FveNlPcq5FcdKaOERYyrV%2Fuploads%2Fs6qm1BliBRm9X0bYhvhh%2Fimage.png?alt=media&amp;token=7954a4c5-f01c-47fd-974b-c3f81dfa9e6a" alt=""><figcaption></figcaption></figure>

Select Desired Direction: UP&#x20;

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