# Exotic Option

*Derivatives & Options — Finicade finance glossary*

Any option more complex than a plain call or put — barriers, Asians, digitals, lookbacks. They're tailored to precise needs or views, but their path-dependence makes them far harder to price and hedge.

**Also known as:** exotic option

**Related terms:** [Barrier Option](https://finicade.com/glossary/barrier-option), [Asian Option](https://finicade.com/glossary/asian-option), [Binary Option](https://finicade.com/glossary/binary-options)

**Taught in:** Quant Quest — Options

Source: https://finicade.com/glossary/exotic-options