# Shout Option

*Derivatives & Options — Finicade finance glossary*

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.

**Related terms:** [Lookback Option](https://finicade.com/glossary/lookback-option), [Exotic Option](https://finicade.com/glossary/exotic-options), [Option](https://finicade.com/glossary/option)

Source: https://finicade.com/glossary/shout-option