Equity and commodities

There are small but significant markets for over-the-counter equity derivatives, many
with option-like features. There are also old and well established, albeit small,
markets in options on shares of individual companies.
Similarly, while most commodity options are on futures, there exists a parallel
market in over-the-counter options, which are frequently components of highly
structured transactions. The over-the-counter gold options market is also quite
active and is structured in many ways like the foreign exchange options markets.