CFI code group : Put options [OP]
Financial acronyms
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CFI code group specification as per ISO 10962:2021
Contracts between a buyer and a seller giving the buyer (holder) the right, but not the obligation, to sell the assets specified at a fixed price or formula, on or before a specified date. The seller of the put option assumes the obligation of buying the assets specified should the buyer exercise his or her option.
CFI code group attributes
1st attribute of group OP : Exercise option style
Possible values are:
A
American
E
European
B
Bermudan
2nd attribute of group OP : Underlying assets
Possible values are:
B
Baskets
S
Stock-Equities
D
Debt Instruments
T
Commodities
C
Currencies
I
Indices
O
Options
F
Futures
W
Swaps
N
Interest Rates
M
Others (Miscellaneous)
3rd attribute of group OP : Delivery
Possible values are:
P
Physical
C
Cash
N
Non-Deliverable
E
Elect at Exercise
4th attribute of group OP : Standardized / Non-Standardized
Possible values are:
S
Standardized
N
Non-Standardized