There are a wide range of exotic Options, some examples include digital (or binary) Options which expire with only one of two outcomes being In The Money, Asian Options where the payoff is based on a average price measured over time, or basket Options which are derived from multiple Underlying instruments, rather than just one.
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Exotic Options Overview Podcast
An introductory video about exotic options from BG Consulting Group.
External Links5 Examples of Exotic Options
This piece describes five exotic options, including compound options, barrier options, lookback options, chooser options and rainbow options.Why Do We Call Financial Instruments "Exotic"?
Article speculating where exotic options might have acquired their name from.Exotic option
Wikipedia article describing exotic options.