StrikePriceBoundaryMethod

Tag 1479

StrikePriceBoundaryMethod

Abbreviation: StrkPxBndryMeth
Typeint
Tag1479
AddedFIX.5.0SP1
Used in72 messages

Description

Specifies the boundary condition to be used for the strike price relative to the underlying price at the point of option exercise.

Wire Format & Usage Example

Single field (key=value)
1479=1 (LessThan)
In a FIX message (ExecutionReport)
8=FIX.4.4 | 9=... | 35=8 | 49=SENDER | 56=TARGET | 34=1 | 52=20240101-09:30:00.000 |  | 1479=1 (LessThan) |  | 10=...

Fields are delimited by SOH (ASCII 0x01), shown here as " | ". The highlighted field 1479=1 (LessThan) is this field's position in the message.

All valid values
WireNameDescription
1479=1LessThanLess than underlying price is in-the-money (ITM)
1479=2LessThanOrEqualLess than or equal to the underlying price is in-the-money(ITM)
1479=3EqualEqual to the underlying price is in-the-money(ITM)
1479=4GreaterThanOrEqualGreater than or equal to underlying price is in-the-money(ITM)
1479=5GreaterThanGreater than underlying is in-the-money(ITM)

Enumerated Values

5
ValueSymbolic NameDescriptionAdded
1LessThanLess than underlying price is in-the-money (ITM)FIX.5.0SP1
2LessThanOrEqualLess than or equal to the underlying price is in-the-money(ITM)FIX.5.0SP1
3EqualEqual to the underlying price is in-the-money(ITM)FIX.5.0SP1
4GreaterThanOrEqualGreater than or equal to underlying price is in-the-money(ITM)FIX.5.0SP1
5GreaterThanGreater than underlying is in-the-money(ITM)FIX.5.0SP1