An option on a high/low system offering a specific rate of return.
The high option usually offers a 75% return when the underlying assets expires at a higher than expected price point and a 15% refund if the underlying asset sets up to expire at a lower level than the target price. A high/low instrument is an instrument that lets the investor decide if the underlying asset will be above or below the target price at the expiry time. A low option is similar to the high option, but in reverse. It offers a 75% return if the underlying asset expires at lower than the expected price point and a 15% refund if the underlying asset expires at a higher than expected target price.