Instrument master fields interpretation

tonusri

I downloaded instrument list from this URI https://margincalculator.angelbroking.com/OpenAPI_File/files/OpenAPIScripMaster.json

can you explain me how to interpret strike and tick_size values

{
    "token": "37743",
    "symbol": "NIFTY02SEP2117500PE",
    "name": "NIFTY",
    "expiry": "02SEP2021",
    "strike": "1750000.000000",
    "lotsize": "50",
    "instrumenttype": "OPTIDX",
    "exch_seg": "NFO",
    "tick_size": "5.000000"
  }

can you explain me how to interpret tick_size value

{
    "token": "16669",
    "symbol": "BAJAJ-AUTO-EQ",
    "name": "BAJAJ-AUTO",
    "expiry": "",
    "strike": "-1.000000",
    "lotsize": "1",
    "instrumenttype": "",
    "exch_seg": "NSE",
    "tick_size": "5.000000"
  }

can you explain me how to interpret strike and tick_size values

{
    "token": "5045",
    "symbol": "USDINR2191777.25PE",
    "name": "USDINR",
    "expiry": "17SEP2021",
    "strike": "772500000.000000",
    "lotsize": "1",
    "instrumenttype": "OPTCUR",
    "exch_seg": "CDS",
    "tick_size": "25000.000000"
  }

admin

HI @tonusri Please go through the basics of options your questions seems to be very basic in nature
STRIKE PRICE : price at which a put or call option can be exercised.
Ticksize : Tick size is the minimum price increment change of a trading instrument

tonusri

@admin I think you got my question wrong.

{
    "token": "37743",
    "symbol": "NIFTY02SEP2117500PE",
    "name": "NIFTY",
    "expiry": "02SEP2021",
    "strike": "1750000.000000",
    "lotsize": "50",
    "instrumenttype": "OPTIDX",
    "exch_seg": "NFO",
    "tick_size": "5.000000"
  }

In this above snippet a nifty 17500 put option is have strike value as "1750000.000000" and tick_size value as "5.000000" why ?

This JSON snippet is from this
link https://margincalculator.angelbroking.com/OpenAPI_File/files/OpenAPIScripMaster.json

And similarly

{
    "token": "5045",
    "symbol": "USDINR2191777.25PE",
    "name": "USDINR",
    "expiry": "17SEP2021",
    "strike": "772500000.000000",
    "lotsize": "1",
    "instrumenttype": "OPTCUR",
    "exch_seg": "CDS",
    "tick_size": "25000.000000"
  }

In this one USDINR 77.25 put option is having strike value as "772500000.000000" and tick_size value as "25000.000000" why ?

How to calculate the actual strike price and tick size from these fields ?

jackyjoy123

@tonusri said in Instrument master fields interpretation:

@admin I think you got my question wrong.
{
    "token": "37743",
    "symbol": "NIFTY02SEP2117500PE",
    "name": "NIFTY",
    "expiry": "02SEP2021",
    "strike": "1750000.000000",
    "lotsize": "50",
    "instrumenttype": "OPTIDX",
    "exch_seg": "NFO",
    "tick_size": "5.000000"
  }
In this above snippet a nifty 17500 put option is have strike value as "1750000.000000" and tick_size value as "5.000000" why ?

This JSON snippet is from this
link https://margincalculator.angelbroking.com/OpenAPI_File/files/OpenAPIScripMaster.json

And similarly
{
    "token": "5045",
    "symbol": "USDINR2191777.25PE",
    "name": "USDINR",
    "expiry": "17SEP2021",
    "strike": "772500000.000000",
    "lotsize": "1",
    "instrumenttype": "OPTCUR",
    "exch_seg": "CDS",
    "tick_size": "25000.000000"
  }
In this one USDINR 77.25 put option is having strike value as "772500000.000000" and tick_size value as "25000.000000" why ?

How to calculate the actual strike price and tick size from these fields ?

thanks for the awesome information.

tonusri

@tonusri said in Instrument master fields interpretation:

@admin I think you got my question wrong.
{
    "token": "37743",
    "symbol": "NIFTY02SEP2117500PE",
    "name": "NIFTY",
    "expiry": "02SEP2021",
    "strike": "1750000.000000",
    "lotsize": "50",
    "instrumenttype": "OPTIDX",
    "exch_seg": "NFO",
    "tick_size": "5.000000"
  }
In this above snippet a nifty 17500 put option is have strike value as "1750000.000000" and tick_size value as "5.000000" why ?

This JSON snippet is from this
link https://margincalculator.angelbroking.com/OpenAPI_File/files/OpenAPIScripMaster.json

And similarly
{
    "token": "5045",
    "symbol": "USDINR2191777.25PE",
    "name": "USDINR",
    "expiry": "17SEP2021",
    "strike": "772500000.000000",
    "lotsize": "1",
    "instrumenttype": "OPTCUR",
    "exch_seg": "CDS",
    "tick_size": "25000.000000"
  }
In this one USDINR 77.25 put option is having strike value as "772500000.000000" and tick_size value as "25000.000000" why ?

How to calculate the actual strike price and tick size from these fields ?

@admin still waiting for your reply

admin

Dear @tonusri We have already noted this issue to the team we are working on it.

sajy

@admin it seems since admin is generally non coder he cant understand problem faced in coding.

admin

HI @sajy @jackyjoy123 @tonusri As coordinated with the team the value in the file is in paise.

sajy

@admin can paise value be two digit after dot or 6 digit after dot? as admin are you convinced of reply from coding team?? ask coding team to accept error and not fool around.ask them to code placing only two digit after dot seperator.the coding needs to be corrected. we are not fools.

google --How do I fix decimal places in Python?

tonusri

@admin It's been 13 days I have posted the issue. Still waiting for the resolution.

tonusri

@admin How to interpret the Currency segment ?
Can you explain me how to interpret strike and tick_size values

{
    "token": "5045",
    "symbol": "USDINR2191777.25PE",
    "name": "USDINR",
    "expiry": "17SEP2021",
    "strike": "772500000.000000",
    "lotsize": "1",
    "instrumenttype": "OPTCUR",
    "exch_seg": "CDS",
    "tick_size": "25000.000000"
  }

jaskirat1208

guys, I'm not sure what your problem is, the tick size is 5p, any price movements that happen for an instrument are a multiple of tick size. And the strike price of the instrument is given in paise. Not sure why there is soo much badmouthing and all in this thread