What is CALL ON THE WORST OF N-ASSETS?

An OVERTHECOUNTER COMPLEX OPTION that grants the buyer a payoff based on the difference between a predefined STRIKE PRICE and the worst performing ASSET in a PORTFOLIO. See also CALL ON THE BEST OF NASSETS, MULTIINDEX OPTION, OPTION ON THE BEST/WORST OF NASSETS, PUT ON THE BEST OF NASSETS, PUT ON THE WORST OF NASSETS.

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