Hierarchy
⤷ CA-GTF-TRB (Application Component) Financial Risk Management Basis
⤷ FTR_BASIS_PERSISTENCY (Package) Treasury Basis Objects - Data Persistency
Basic Data
Data Element | TBA_DCS_STRIKE_AMNT |
Short Description | Strike Price |
Data Type
Category of Dictionary Type | D | Domain |
Type of Object Referenced | No Information | |
Domain / Name of Reference Type | TBA_PRICE | |
Data Type | D34D | Decimal Floating Point, 34 Digits, DEC on Database |
Length | 31 | |
Decimal Places | 14 | |
Output Length | 46 | |
Value Table |
Further Characteristics
Search Help: Name | ||
Search Help: Parameters | ||
Parameter ID | ||
Default Component name | ||
Change document | ||
No Input History | ||
Basic direction is set to LTR | ||
No BIDI Filtering |
Field Label
Length | Field Label | |
Short | 10 | Strike |
Medium | 20 | Strike Price |
Long | 30 | Strike Price |
Heading | 30 | Strike Price |
Documentation
Definition
The strike price specifies the price at which a listed option can be exercised (exercise price). It is the fixed price at which the owner of an option can purchase or sell the underlying security or commodity regardless of the spot price (market price) of the underlying instrument at that time.
The minimum strike price movement specifies the smallest unit by which the strike price can move.
Use
Derivative contract specifications typically contain rules and conditions with regard to the minimum strike price movement in form of ranges.
Dependencies
Example
For the strike price range from USD 25 to USD 9,975, the minimum strike price movement is USD 25.
For the strike price range from USD 10,000 to USD 19,950, the minimum strike price movement is USD 50.
For all strike prices over USD 20,000, the minimum strike price movement is USD 100.
History
Last changed by/on | SAP | 20130604 |
SAP Release Created in | 740 |