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Code Set

StrikePriceDeterminationMethodCodeSet

ID1478
Typeint
PedigreeAdded EP92, Updated EP169
Specifies how the strike price is determined at the point of option exercise. The strike may be fixed throughout the life of the option, set at expiration to the value of the underlying, set to the average value of the underlying , or set to the optimal value of the underlying.
NameValueSynopsisElaborationPedigree
FixedStrike1Fixed strike (default if not specified)Added EP92, Updated EP169
StrikeSetAtExpiration2Strike set at expiration to underlying or other value (lookback floating)Added EP92
StrikeSetToAverageAcrossLife3Strike set to average of underlying settlement price across the life of the optionAdded EP92
StrikeSetToOptimalValue4Strike set to optimal valueAdded EP92

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