2008, JoAnne Schudt Caldwell, Comprehension Assessment:Standardized tests allow for students to engage in look-backs but, unfortunately, many students do not utilize this opportunity.
2009, Don M. Chance, Robert Edwin Brooks, An Introduction to Derivatives and Risk Management:Another interesting path-dependent option is the lookback option. A lookback call allows you to buy the asset at the lowest price and a lookback put allows you to sell it at the highest price attained during the life of the option.
2011, Frans de Weert, Exotic Options Trading:The principle of a lookback option is to give the investor the maximum payoff based on perfect hindsight.
