Studies on Exotic Options and Its' Pricing Model
Zheng Xiao · Industrial Engineering and Engineering Management · 2000
This paper analyses the origins and characteristics of exotic options, and the classes of exotic options are catalogued. Based upon the study of Black Scholes model,the pricing models are derived which correspond to their characteristics. Furthermore,the path dependent options are discussed and its' pricing model are created including path dependent factor. The pricing models of multi factor options are prospected at the end of the paper.