Explain the Concept of 'Path Dependency' in Exotic Options ⎊ Path

Explain the Concept of ‘Path Dependency’ in Exotic Options.

Path dependency means the payoff of the option depends not just on the price of the underlying asset at expiration, but also on how the price moved over the option's life. Examples include Asian or Barrier options, where average prices or specific price levels matter.

Can the Order of Transactions Affect the Final Merkle Root?

Which Is a Better Predictor of Future Price Movement: Historical or Implied Volatility?

Does Using a Private Transaction Relay Guarantee a Transaction Will Be Included in the Next Block?

How Do Smart Contracts Facilitate the Creation of Exotic Options with Complex Payoff Structures?

How Does the NFT’S Metadata Define the Option’s Payoff Structure?

Define the Term “Exotic Option.”

What Is a “Barrier Option” and How Does Its Payoff Structure Affect Its Liquidity?

In Options Trading for Cryptocurrencies, How Does the Underlying Hash function’S Security Influence an Option’s Perceived Value?