Commodities Option Underlying

From Open Risk Manual

Definition

Commodities Option Underlying. The underlying on a Commodities Option, which is the corresponding Commodity Future contract on the same exchange.

This is the underlying in the sense that when the option is exercised the investor takes delivery of the corresponding futures contract.

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.