An exotic option is
A)An option that is either A sian or Bermudan.
B)An option that is unique and not widely traded.
C)An option that is not a vanilla put or call.
D)An option where there are more than two counterparties in the deal.

Question

Quizplus · Accepted Answer

An exotic option is an option that is not a vanilla put or call. Exotic options typically have more complex payoff structures and may involve customized terms or conditions. Examples of exotic options include barrier options, Asian options, and digital options.

An Exotic Option Is