HomeDefinitionsCompareDebt Lookback optionThe financial definition for Lookback option:An option that allows the buyer to choose as the option strike price any price of the underlying asset that has occurred during the life of the option. For a call option, the buyer will choose the minimum price; for a put option, the buyer will choose the maximum price. This option will always be in the money. Click to compare definitions of Lookback option Click to view definitions beginning lo |