Options Trading

How is Options Contract Defined?

An European Put ACC Options expiring on 30 May 2002 with a strike price of 150 is described as OPT-ACC-30-May-2002-150-PE. OPT denotes Option, ACC is the underlying, 30 may 2002 is the expiry date of the contract, 150 is the strike price and PE denotes it is an European Put option. C would denote Call and E would denote European and CE would denote it is an European Call Option. Currently, in India index and stock options are European in nature.