Capped Option

指预先设定有利润上限的一种期权，当其相关证券价格等于或高于（对买入期权而言）或相等于或低于（对出售期权而言）期权上限价格时，期权将会自动被行使。

An option with a pre-established profit cap. A capped option is automatically exercised when the underlying security closes at or above (for a call) or at or below (for a put) the Option's cap price.

This can also be referred to as a capped-style option.