What Data, besides Price, Might an Oracle Provide for an Exotic Options Contract?
For exotic options contracts, an oracle might provide more complex, non-standard data beyond the simple spot price. Examples include realized volatility over a specific period, the price of a basket of assets for a composite option, or the occurrence of a specific external event for a binary option.
For complex structured products, the oracle might even provide an entire index value or a specific calculation result from an off-chain model.