Exotic option
Exotic options are financial derivatives that are derived from standard options . These types of options generally have more complicated payout structures than comparable standard options. Path-dependent options are particularly common , in which the payout depends not only on the value of the base value at the end point (maturity), but on the course as a whole.
The forms of exotic options include:
- Asian option
- Barrier option
- Bermuda option
- Binary option
- Chooser option
- Cliquet option
- Lookback option
- Bandwidth option
- Russian option
literature
- Benjamin R. Auer, Martin Schuster: Exotic options . In: Wirtschaftswwissenschaftliche Studien , Vol. 42 (2013), Issue 9, pp. 497–502, ISSN 0340-1650
- Rüdiger Götte : Warrants. The compendium . 2nd edition Tectum Verlag, Marburg 2007, ISBN 978-3-8288-9321-4 .