SAP ABAP Data Element TBA_OPTSTYLE (Exercise Type)

Hierarchy

☛ PI_BASIS (Software Component) Basis Plug-In
   ⤷ CA-GTF-TRB (Application Component) Financial Risk Management Basis
     ⤷ FTR_BASIS_PERSISTENCY (Package) Treasury Basis Objects - Data Persistency

Basic Data

Data Element	TBA_OPTSTYLE
Short Description	Exercise Type

Data Type

Category of Dictionary Type	D	Domain
Type of Object Referenced		No Information
Domain / Name of Reference Type	TBA_OPTSTYLE
Data Type	NUMC	Character string with only digits
Length	1
Decimal Places	0
Output Length	1
Value Table

Further Characteristics

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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	Exercise
Medium	15	Exercise Type
Long	20	Exercise Type
Heading	10	Exercise

Documentation

Definition

A listed option is a forward transaction that is traded on a forward exchange and that is binding for one party. The purchaser of an option has the right to exercise that option. The purchaser must pay the seller an option premium for this right. The vendor must fulfill the conditions of the transaction if the purchaser exercises the option.

The option style classifies an option by the dates on which the option may be exercised. The following option styles are supported:

• 1 - European:

  European-style options are options that can only be exercised at the date of expiration.

• 2 - American:

  American-style options are options that can be exercised at the strike price at any time before or on the date of expiration.

Use

Dependencies

Example

History

Last changed by/on	SAP	20130604
SAP Release Created in	740