Options

Options

Options are described here: http://www.investopedia.com/terms/o/option.asp

For this example we are going to configure a call option in Apple with strike price 105 USD with expiration in November 2016.

PropertyDescriptionAvailable from version
TypeThe instrument type
NameThe name of the instrument
ISINThe ISIN-code of the instrument
StatusThe status determines what user type the instrument should be available to
Visible StatusThe status determines what user type the instrument should be visible to
CurrencyThe currency that the instrument is based in
Tax CountryThe country where the instrument is based according to tax reasons
Default MarketplaceThe default marketplace where the instrument is traded
IssuerThe legal entity that has issued the instrument, for example a bank.
Dividend TypeIf dividends are issued or re-invested in the instrument
Strike priceIf the option gives the right to the shares in this example at a certain price the value can be defined here2.04
Underlying unitsThe number of underlying units that the option covers, in this example we should enter 100.2.04
Underlying instrumentHere we can search for another registered instrument and link to this option, for example the stock Apple if we have registered it.2.04
Option typeThis is where we define if the option is a call or put2.04

PropertyDescription
Price DecimalsThe number of decimals to use when showing the price of the instrument
Display Percentage PriceIf checked the price will be displayed as a percentage value, in the database the value of 98% will be stored as 0.98 but shown as 98%. In this example we are using currency values as the price.
PriceThe price of the instrument
Price DateThe date when the price was set
MultiplierThe value multiplier of the instrument. Since the underlying number of units for this instrument is 100 shares we are going to set the multiplier to 100. This means that if 1 option is traded at a price of 100 the cost of that trade will be 502 USD (1 option x 5.02 price x 100 shares).
DecimalsThis is a legacy property that should be left blank
Quantity DecimalsThis is the number of decimals that should be used for the units. The option is traded in whole units and thus we write 0 for this value.

PropertyDescription
First TradeThe first date on which the instrument should be available for trading
Last TradeThe last date on which the instrument should be available for trading
ExpirationThe date on which the instrument will expire
Datasheet URLA link to an instrument description
CategorizationInstrument Categorization
External ReferenceA reference that could be used to link the instrument to an external system or some other reference
Lock In PeriodThe period that a legal entity should be locked in before being able to sell after having purchased the instrument
Fee CategoryWhich fee category the instrument should belong to according to /wiki/spaces/KB/pages/66584622
Buy CommissionThe percentage commission charged on buy orders
Sell CommissionThe percentage commission charged on sell orders
Early Sell FeeThe percentage fee charged on orders that are being executed within the lock in period.
Product CompensationThe percentage of kickback that should be given to the associated re-seller on the orders of the instrument
Account Type LimitationDetermines if the instrument should be limited to certain account types.

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