For a deeper look into our DataScope Select REST API, look into:

Overview |  Quickstart |  Documentation |  Downloads |  Tutorials

question

Upvotes
Accepted
1 1 0 1

Please help to understand the strike price of option RIC

we need to understand some of the problems we had using your API "Datascope", but we still have various questions:
- the (american) EURUSD option maturing in June (for example 2URO880F7) has a strike price of 0.88
- the (european) EURUSD option maturing in July (for example EUU880G7) has a strike price of 880
How should we decide the strike format in the datascope API ?

We also found that these options do not appear in a "Instrument Search" if we select "Option" in the "Future/Option:" field. This only works if we select "Futures On Options", which does not really makes sense to us. Is it a bug in the API or something we don't understand well ?

dss-rest-apidatascope-selectdss
icon clock
10 |1500

Up to 2 attachments (including images) can be used with a maximum of 512.0 KiB each and 1.0 MiB total.

Upvotes
Accepted
11.3k 25 9 14

Hi @dhananjaya.raju

There is a field,"Strike Price Multiplier" which is a multiplier required to show the ‘true’ strike price. Also, the "Unscaled Strike Price" field provides the result of Strike Price multiplied by Strike Price Multiplier.

Below is the result from TermAndCondition Report template.

  "Contents": [
    {
      "IdentifierType": "Ric",
      "Identifier": "2URO880F7",
      "Strike Price": 0.88,
      "Strike Price Multiplier": 1,
      "Unscaled Strike Price": 0.88
    },
    {
      "IdentifierType": "Ric",
      "Identifier": "EUU880G7",
      "Strike Price": 880,
      "Strike Price Multiplier": 0.001,
      "Unscaled Strike Price": 0.88
    }
  ],

According to the RICs' information in the DSS GUI, the sub type of the RICs are "FOP" which means "Derivative - Options on Futures", so I think this might be related to the search result.

You can find the list of sub type from this table.


2uro880f7.png (34.8 KiB)
euu880g7.png (34.2 KiB)
icon clock
10 |1500

Up to 2 attachments (including images) can be used with a maximum of 512.0 KiB each and 1.0 MiB total.

Upvotes
32.2k 40 11 19

Hello @dhananjaya.raju,

Please refer to a relevant discussion:

dss-rest-api-decimal-places-set-up

icon clock
10 |1500

Up to 2 attachments (including images) can be used with a maximum of 512.0 KiB each and 1.0 MiB total.

Write an Answer

Hint: Notify or tag a user in this post by typing @username.

Up to 2 attachments (including images) can be used with a maximum of 512.0 KiB each and 1.0 MiB total.