奇异期权是指比常规期权(标准的欧式或美式期权)更复杂的衍生证券，这些产品通常是场外交易或嵌入结构债券。比如执行价格不是一个确定的数，而是一段时间内的平均资产价格的期权，或是在期权有效期内如果资产价格超过一定界限，期权就作废。本书对奇异期权的形式与特征进行了探讨与研究。

Preface to the Second Edition

Preface to the First Edition

Acknowledgements

Part Ⅰ: Introduction to Exotic Options and Option Pricing Methodology

Chapter 1. From Vanilla Options to Exotic Options

 1.1. Plain Vanilla Options

 1.2. Path-Dependent Options

 1.3. Correlation Options

 1.4. Other Exotic Options

 1.5. Institutions Involved in Exotic Options

 1.6. Summary

Chapter Ⅱ: Option Pricing Methodology

 2.1. Equilibrium and Arbitrage

 2.2. Basic Option Terminology

 2.3. The Black-Scholes Option Pricing Model

 2.4. Pricing Options Using the Arbitrage-Free Argument

 2.5. Solving Partial Differential Equations

 2.6. Risk-Neutral Valuation Relationship

 2.7. Monte Carlo Simulations

 2.8. Lattice- and Tree-Based Method

 2.9. Method Used in this Book

Part Ⅱ: Standard Options

Part Ⅲ: Path-Dependent Options

Part Ⅳ: Correlation/Multiassets Options

Part Ⅴ: Other Options

Part Ⅵ: Hedging Exotic Options and Further Development of Exotic Options

Appendix

References

Subject Index