| Hint | Answer | % Correct |
|---|---|---|
| Offers the right to exercise at any time before expiry. | American | 0%
|
| Settles on the average of readings over a fixed period. | Asian | 0%
|
| The underlying price must pass a fixed threshold before expiry. | Barrier | 0%
|
| Settles on the weighted average of several underlying assets. | Basket | 0%
|
| The holder may exercise on a limited discrete set of periods before expiry. | Bermudan | 0%
|
| Only two possible terminal values. | Binary | 0%
|
| The premium is deferred until expiry. | Boston | 0%
|
| The holder may decide whether the option becomes a put or call during a fixed interval after purchase. | Chooser | 0%
|
| An option that settles in a currency different than that of the underlying/strike price. | Composite | 0%
|
| The underlying price must pass two distinct thresholds before expiry. | Double Barrier | 0%
|
| The holder may only exercise at expiry. | European | 0%
|
| The strike price is decided on a future date. | Forward Start | 0%
|
| Offers the right buy (sell) the underlying asset at its lowest (highest) price over a fixed interval before expiration. | Lookback | 0%
|
| A type of the above option that shields the holder from foreign exchange risk. | Quanto | 0%
|
| A type of the above option where the underlying asset weights depend on their terminal values. | Rainbow | 0%
|
| Allows exercise into variable quantities of the underlying (primarily used in energy markets). | Swing | 0%
|