{"iri":"https://spec.edmcouncil.org/fibo/ontology/DER/DerivativesContracts/ExoticOptions/CliquetOption","label":"cliquet option","definition":"exotic option that is a series of at-the-money (ATM) options, either puts or calls, where each successive option becomes active when the previous one expires","license":"https://spdx.org/licenses/MIT","source":"fibo","source_url":"https://spec.edmcouncil.org/fibo/"}