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Alpha-Quantile Option

A path-dependent option that is a theoretical (as yet) extension of a lookback option. The option's payoff is based on...

Quantile Option

A path-dependent option that is a theoretical (as yet) extension of a lookback option. The option's payoff is based on...

Binary Option

A type of exotic options in which the payoff is either a fixed amount for an in-the-money option or nothing...

OTC Derivative

A derivative instrument which is traded and privately negotiated in over-the-counter markets, i.e. directly between the two parties involved, without...

Multi-Asset Option

An exotic option whose payout (payoff) depends on the overall performance of more than one underlying asset, as opposed to a standard vanilla...

Powered Option

An exotic option whose standard payoff (underlying price in excess of the exercise price) is raised to a specific power (such as...

Compo Option

An exotic option whose underlying is a foreign asset (like a foreign equity) denominated in either domestic or foreign currencies and struck...

Himalaya Option

An exotic equity option which is based, unlike vanilla options (which have only one underlying asset), on a number of underlying securities (basket). That makes...

One-Touch Option

A type of exotic option in which the holder receives a payout once the price of the underlying asset reaches or exceeds a specific...

Altiplano Option

A vanilla option which entitles its holder to receive a large coupon payment if the underlying asset/ security never reaches its strike...