Exotic Options

UniCredit Group’s derivative team supports institutional investors create their own investment strategies based on exotic options, through which they can enter into cross-market view bets, build strategies with automatic elements of active management as well as barriers to lock in profits or cut loses. This is a simple and convenient way to explore investment technologies previously available only to hedge funds.

Among the most popular strategies are:

bonus certificates;
exploding calls;
barrier options (up-and-out, up-and-in, etc.);
cross-market bets like Alpha Notes;
worst-of call;
rainbow;
risk convertibles, etc.

A number of assets can serve as underlying for this variety of strategies: equities (ADRs and GDRs on Russian blue chips and second tier names, as well as liquid stocks traded worldwide), indices (most popular names – SPX, SX5T etc.) and sub-indices (index families of the S&P GSCI and the Dow Jones AIG Commodity Index, etc.).