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RateSpec — Interest-rate term structure structure Interest-rate term structure annualized and continuously compoundedspecified by the RateSpec obtained from intenvset. For information on the interest-rate specification, see intenvset. Data Types: struct StockSpec — Stock specification for underlying asset structure Stock specification for the underlying asset.

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A double one-touch is a type of exotic option which gives the holder a specified payout if the underlying asset price moves outside of a specified range at any point before expiration. The buyer negotiates the price range with an upper and lower level, called the barrier levels, with the seller. The seller is often a brokerage firm. Either one of the barrier levels must be breached prior to expiration for the option to become profitable and for the buyer to receive the payout.

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Touch is based on if the price action of the traded asset touches a price barrier before the expiration of the trade. If we look at the chart below, this shows an example of a One Touch trade on the trading platform of Betonmarkets, one of the binary options brokers that offer this trade variety. We can see here that the financial asset is spot gold, to be purchased at a spot price of The price barrier which can be adjusted by the trader has been set in this example to

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