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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
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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)
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Hello @dhananjaya.raju,

Please refer to a relevant discussion:

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

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