Field StrikePriceDeterminationMethod (1478) - FIX Protocol FIX.5.0SP2

Type: int

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. Conditionally, required if value is other than "fixed".

Added in protocol FIX.5.0SP1 (92)

See in: FIX.5.0SP2 EP240.

Valid values

Value Description Added
1 Fixed Strike FIX.5.0SP1 (92)
2 Strike set at expiration to underlying or other value (lookback floating) FIX.5.0SP1 (92)
3 Strike set to average of underlying settlement price across the life of the option FIX.5.0SP1 (92)
4 Strike set to optimal value FIX.5.0SP1 (92)

Used in components