what is exotic option?? and what do you mean by plain vanilla option?

what is exotic option?? and what do you mean by plain
vanilla option?

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what is exotic option?? and what do you mean by plain vanilla option?..

Answer / vishal jethi

Exotic options are derivatives that have features which are
different and compex then commonly traded products these
are not exchange traded but are traded OTC due to their
built to order nature.
On the other hand plain vanilla options are simple options
like calls and puts which are Exchange traded as well as
OTC traded.

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