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===Game option=== * A '''game option''' or '''Israeli option''' is an option where the writer has the opportunity to cancel the option offered, but must pay the payoff at that point plus a penalty fee.<ref>{{cite journal | url=https://link.springer.com/article/10.1007/PL00013527 | doi=10.1007/PL00013527 | title=Game options | date=2000 | last1=Kifer | first1=Yuri | journal=Finance and Stochastics | volume=4 | issue=4 | pages=443β463 | s2cid=32671470 | url-access=subscription }}</ref>
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