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Options · Options specialist topics · lesson 7 of 9 · 6 min read · David Alexander

The exotic frontier, described

the exotic frontier

Beyond the vanilla options the track taught lie exotics and structured products: options with path-dependent payoffs, barriers, or multiple underlyings, and retail structured products that package options into complex payoffs sold as investments. Described for comprehension and for defence - because structured products in particular are marketed to retail with their embedded options and real risks obscured, and recognising the option inside the product is the reader's protection.

This lesson is part of the advanced modules.

Modules 6 to 8 are included with a paid account. The definitional summary above is the whole of this page until then.