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Digital Option

   Also found in: Wikipedia 0.04 sec.
Digital Option
An option whose payout is fixed after the underlying stock exceeds the predetermined threshold or strike price. Also referred to as "binary" or "all-or-nothing option."

Notes:
The value of the payout is determined at the onset of the contract and doesn't depend on the magnitude by which the price of the underlying moves. So, whether you are in the money by $1 or $5, the amount that you receive will be the same.
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Subscribers who select the digital option also will receive a printed option through the end of 2005.
Digital delivery of Top Producer: Farm Journal Media is first in ... by Hillgren, Sonja / Agri Marketing
Our results may have accelerated that movement to a degree, but the availability of a more affordable and versatile digital option, like that offered by Fuji's CRm, is likely to speed adoption even more.
FDA Approves Fuji's Digital Mammography System for Use in the U.S.; ... by Business Wire
The HP Indigo press ws4000 is the world's most successful digital label press and the HP Indigo press s2000 provides a digital option for screen printers.
HP Showcases Digital Publishing Portfolio at Drupa 2004 by Business Wire
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