Option On Futures Underlying

From Open Risk Manual

Definition

Option On Futures Underlying. The underlying of a traded Futures Option, which is a traded Futures contract, generally on the same derivatives exchange.


Issues and Challenges

Review notes: This seems right. The underlying is the future contract because it's what's delivered when the option expires or is exercised.

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.