java.lang.Object
- com.opengamma.strata.product.index.IborFutureOptionTrade

All Implemented Interfaces:

CalculationTarget, Resolvable<ResolvedIborFutureOptionTrade>, PortfolioItem, ProductTrade, ResolvableTrade<ResolvedIborFutureOptionTrade>, SecuritizedProductPortfolioItem<IborFutureOption>, SecuritizedProductTrade<IborFutureOption>, SecurityQuantity, SecurityQuantityTrade, Trade, Serializable, org.joda.beans.Bean, org.joda.beans.ImmutableBean
```
public final class IborFutureOptionTrade
extends Object
implements SecuritizedProductTrade<IborFutureOption>, ResolvableTrade<ResolvedIborFutureOptionTrade>, org.joda.beans.ImmutableBean, Serializable
```
A trade representing an option on a futures contract based on an Ibor index.
A trade in an underlying IborFutureOption. The option is American, exercised at any point up to the exercise time. Both daily margin and upfront premium styles are handled.
An Ibor future option is also known as a STIR future option (Short Term Interest Rate).
Price
The price of an Ibor future option is based on the price of the underlying future, the volatility and the time to expiry. The price of the at-the-money option tends to zero as expiry approaches.
Strata uses decimal prices for Ibor future options in the trade model, pricers and market data. The decimal price is based on the decimal rate equivalent to the percentage. For example, an option price of 0.2 is related to a futures price of 99.32 that implies an interest rate of 0.68%. Strata represents the price of the future as 0.9932 and thus represents the price of the option as 0.002.

See Also:

Serialized Form

Nested Class Summary

Nested Classes
Modifier and Type	Class	Description
`static class`	`IborFutureOptionTrade.Builder`	The bean-builder for `IborFutureOptionTrade`.
`static class`	`IborFutureOptionTrade.Meta`	The meta-bean for `IborFutureOptionTrade`.

Method Summary

All Methods Static Methods Instance Methods Concrete Methods
Modifier and Type	Method	Description
`static IborFutureOptionTrade.Builder`	`builder()`	Returns a builder used to create an instance of the bean.
`boolean`	`equals(Object obj)`
`TradeInfo`	`getInfo()`	Gets the additional trade information, defaulted to an empty instance.
`double`	`getPrice()`	Gets the price that was traded, in decimal form.
`IborFutureOption`	`getProduct()`	Gets the option that was traded.
`double`	`getQuantity()`	Gets the quantity that was traded.
`int`	`hashCode()`
`static IborFutureOptionTrade.Meta`	`meta()`	The meta-bean for `IborFutureOptionTrade`.
`IborFutureOptionTrade.Meta`	`metaBean()`
`ResolvedIborFutureOptionTrade`	`resolve(ReferenceData refData)`	Resolves this trade using the specified reference data.
`PortfolioItemSummary`	`summarize()`	Summarizes the portfolio item.
`IborFutureOptionTrade.Builder`	`toBuilder()`	Returns a builder that allows this bean to be mutated.
`String`	`toString()`
`IborFutureOptionTrade`	`withInfo(PortfolioItemInfo info)`	Returns an instance with the specified info.
`IborFutureOptionTrade`	`withPrice(double price)`	Returns an instance with the specified price.
`IborFutureOptionTrade`	`withQuantity(double quantity)`	Returns an instance with the specified quantity.

Methods inherited from class java.lang.Object
clone, finalize, getClass, notify, notifyAll, wait, wait, wait

Methods inherited from interface org.joda.beans.Bean
property, propertyNames

Methods inherited from interface com.opengamma.strata.product.PortfolioItem
getId

Methods inherited from interface com.opengamma.strata.product.SecuritizedProductPortfolioItem
getCurrency, getSecurityId

- Method Detail
  - withInfo
```
public IborFutureOptionTrade withInfo(PortfolioItemInfo info)
```
    Description copied from interface: SecuritizedProductTrade
    
    Returns an instance with the specified info.
    
    Specified by:
    
    withInfo in interface PortfolioItem
    
    Specified by:
    
    withInfo in interface ProductTrade
    
    Specified by:
    
    withInfo in interface ResolvableTrade<ResolvedIborFutureOptionTrade>
    
    Specified by:
    
    withInfo in interface SecuritizedProductTrade<IborFutureOption>
    
    Specified by:
    
    withInfo in interface SecurityQuantityTrade
    
    Specified by:
    
    withInfo in interface Trade
    
    Parameters:
    
    info - the new info
    
    Returns:
    
    the instance with the specified info
  - withQuantity
```
public IborFutureOptionTrade withQuantity(double quantity)
```
    Description copied from interface: SecuritizedProductTrade
    
    Returns an instance with the specified quantity.
    
    Specified by:
    
    withQuantity in interface SecuritizedProductPortfolioItem<IborFutureOption>
    
    Specified by:
    
    withQuantity in interface SecuritizedProductTrade<IborFutureOption>
    
    Specified by:
    
    withQuantity in interface SecurityQuantityTrade
    
    Parameters:
    
    quantity - the new quantity
    
    Returns:
    
    the instance with the specified quantity
  - withPrice
```
public IborFutureOptionTrade withPrice(double price)
```
    Description copied from interface: SecuritizedProductTrade
    
    Returns an instance with the specified price.
    
    Specified by:
    
    withPrice in interface SecuritizedProductTrade<IborFutureOption>
    
    Specified by:
    
    withPrice in interface SecurityQuantityTrade
    
    Parameters:
    
    price - the new price
    
    Returns:
    
    the instance with the specified price
  - summarize
```
public PortfolioItemSummary summarize()
```
    Description copied from interface: PortfolioItem
    
    Summarizes the portfolio item.
    This provides a summary, including a human readable description.
    
    Specified by:
    
    summarize in interface PortfolioItem
    
    Specified by:
    
    summarize in interface Trade
    
    Returns:
    
    the summary of the item
  - resolve
```
public ResolvedIborFutureOptionTrade resolve(ReferenceData refData)
```
    Description copied from interface: ResolvableTrade
    
    Resolves this trade using the specified reference data.
    This converts this trade to the equivalent resolved form. All ReferenceDataId identifiers in this instance will be resolved. The resulting ResolvedTrade is optimized for pricing.
    Resolved objects may be bound to data that changes over time, such as holiday calendars. If the data changes, such as the addition of a new holiday, the resolved form will not be updated. Care must be taken when placing the resolved form in a cache or persistence layer.
    
    Specified by:
    
    resolve in interface Resolvable<ResolvedIborFutureOptionTrade>
    
    Specified by:
    
    resolve in interface ResolvableTrade<ResolvedIborFutureOptionTrade>
    
    Parameters:
    
    refData - the reference data to use when resolving
    
    Returns:
    
    the resolved trade
  - meta
```
public static IborFutureOptionTrade.Meta meta()
```
    The meta-bean for IborFutureOptionTrade.
    
    Returns:
    
    the meta-bean, not null
  - builder
```
public static IborFutureOptionTrade.Builder builder()
```
    Returns a builder used to create an instance of the bean.
    
    Returns:
    
    the builder, not null
  - metaBean
```
public IborFutureOptionTrade.Meta metaBean()
```
    Specified by:
    
    metaBean in interface org.joda.beans.Bean
  - getInfo
```
public TradeInfo getInfo()
```
    Gets the additional trade information, defaulted to an empty instance.
    This allows additional information to be attached to the trade. The trade date is required when calling resolve(ReferenceData).
    
    Specified by:
    
    getInfo in interface PortfolioItem
    
    Specified by:
    
    getInfo in interface Trade
    
    Returns:
    
    the value of the property, not null
  - getProduct
```
public IborFutureOption getProduct()
```
    Gets the option that was traded.
    The product captures the contracted financial details of the trade.
    
    Specified by:
    
    getProduct in interface ProductTrade
    
    Specified by:
    
    getProduct in interface SecuritizedProductPortfolioItem<IborFutureOption>
    
    Returns:
    
    the value of the property, not null
  - getQuantity
```
public double getQuantity()
```
    Gets the quantity that was traded.
    This is the number of contracts that were traded. This will be positive if buying and negative if selling.
    
    Specified by:
    
    getQuantity in interface SecurityQuantity
    
    Returns:
    
    the value of the property
  - getPrice
```
public double getPrice()
```
    Gets the price that was traded, in decimal form.
    This is the price agreed when the trade occurred.
    Strata uses decimal prices for Ibor future options in the trade model, pricers and market data. The decimal price is based on the decimal rate equivalent to the percentage. For example, an option price of 0.2 is related to a futures price of 99.32 that implies an interest rate of 0.68%. Strata represents the price of the future as 0.9932 and thus represents the price of the option as 0.002.
    
    Specified by:
    
    getPrice in interface SecurityQuantityTrade
    
    Returns:
    
    the value of the property
  - toBuilder
```
public IborFutureOptionTrade.Builder toBuilder()
```
    Returns a builder that allows this bean to be mutated.
    
    Returns:
    
    the mutable builder, not null
  - equals
```
public boolean equals(Object obj)
```
    Overrides:
    
    equals in class Object
  - hashCode
```
public int hashCode()
```
    Overrides:
    
    hashCode in class Object
  - toString
```
public String toString()
```
    Overrides:
    
    toString in class Object

Class IborFutureOptionTrade

Price

Nested Class Summary

Method Summary

Methods inherited from class java.lang.Object

Methods inherited from interface org.joda.beans.Bean

Methods inherited from interface com.opengamma.strata.product.PortfolioItem

Methods inherited from interface com.opengamma.strata.product.SecuritizedProductPortfolioItem

Method Detail

withInfo

withQuantity

withPrice

summarize

resolve

meta

builder

metaBean

getInfo

getProduct

getQuantity

getPrice

toBuilder

equals

hashCode

toString