Common comparison error
Automatic settlement under Ladder option is not a manual early-exercise right and should not be inferred from Asset or nothing option.
GlossaryProducts & contracts
Ladder option
A multi-strike format that displays several target levels, each with its own condition and payout.
Practical use
How to verify Ladder option
Read Ladder option together with At-expiration digital option, Asset-or-nothing option, Cash-or-nothing option. The comparison must preserve the exact rule, value, state, and evidence described below.
A neutral example
The platform's Ladder option label resembles At expiration digital option, but archived specifications reveal different observation and settlement rules. Ladder option is distinguished here by one decisive fact: multiple target levels each carry their own condition and payout at a shared or specified expiry.
Evidence path
Where to verify Ladder option
Use the source that governs the exact contract, account, entity, or platform state. A general definition cannot replace current broker terms.