Unlike “ordinary” options, these are subject to special conditions and agreements, and are usually very risky. They occur especially in the form of over-the-counter options and as warrants, often issued in offshore financial centers. – Experience has shown that larger transactions can trigger price movements until immediately before the option expires, which may render the option worthless. – See Out of the Money, Bermuda Option, Rainbow Option, Sleepy Warrant, Standard Option.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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