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# Up-and-Out Call Option

## **Up-and-Out Call Option: The Highwire Act**

Cheapen Right to buy when a modest rise expected but not a leap, walking a fine line between profit and knockout.

<figure><img src="/files/rjzPLRixEoAaB2Jr9znw" alt=""><figcaption></figcaption></figure>

Select Desired Direction: UP&#x20;

Knock OUT given expectation underlier will stay within barrier.