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 .