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The pricing formula for the exotic option with a general logarithmic strategy is derived from the Black-Scholes option pricing formula, and its price advantage is compared (based on simulations) to the classical European option and to the exotic option with a linear position. By varying key parameters, we found that the exotic option with a general logarithmic position has a significant price advantage (up to 34\\% under certain parameter settings) over the classical European option. Moreover, the exotic option with a general logarithmic strategy can save 5.5\\% more of the option premium than applying a linear position strategy. 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