Arcade › Glossary › Derivatives & Options › Shout Option Derivatives & Options Shout Option An option that lets you 'shout' once to lock in the current gain as a floor, while keeping the upside if the price climbs further. You pay for the right to secure a profit without giving up further reward. Want more than a definition? Learn it in Quant Quest → Related terms Lookback Option Exotic Option Option ← Previous Second-Order Greeks Next → SOFR ← All Derivatives & Options terms