Template:DI Bermuda summ
A Bermuda option is sort of transatlantic, in that it may be exercised at expiry, like a European option, and also during the transaction, like an American option — but only on specified dates.
A Bermuda option is sort of transatlantic, in that it may be exercised at expiry, like a European option, and also during the transaction, like an American option — but only on specified dates.