Common comparison error
A final price inside a range does not prove Range option success when the full path or Ends between ends outside is monitored.
GlossaryProducts & contracts
Range option
Also called a boundary or In/Out contract; settlement may use the final price or the full path between two barriers.
Practical use
How to verify Range option
Read Range option together with Double barrier, Ends Between/Ends Outside, Stays Between/Goes Outside. The comparison must preserve the exact rule, value, state, and evidence described below.
A neutral example
During a source outage, Range option approaches its target. Missing-quote and resumption clauses are checked against Double barrier settlement history. The scenario is specific to Range option: settlement can use final position or the full path relative to two accepted boundaries.
Evidence path
Where to verify Range option
Use the source that governs the exact contract, account, entity, or platform state. A general definition cannot replace current broker terms.