Crypto Option Contract Fields, Payoff Terms, and Instrument Metadata
Summary
This reference explains how a crypto option instrument is represented, including its underlying asset, put-or-call type, strike, activation and expiration times, quote and settlement currencies, and contract sizing. It catalogs required and optional fields such as price and size increments, precision, multiplier, lot size, order limits, notional limits, margin rates, and event timestamps. Rust and Python examples show construction of a BTC put contract with sample metadata.
The note distinguishes crypto options from non-crypto listed options and explains that currency configuration determines whether a contract is linear, inverse, or quanto. It identifies several exchange and data adapters that can create or consume these instruments, but it does not describe an options trading strategy, valuation method, or empirical performance. The example illustrates data-model usage rather than a complete pricing or risk workflow; traders still need venue-specific contract conventions and option analytics when applying the metadata.
Key ideas
- A crypto option record includes its underlying, option type, strike, and lifecycle timestamps.
- Quote currency and settlement currency describe premium denomination and PnL settlement.
- Precision, increments, multipliers, lot sizes, and optional limits constrain valid orders.
- The currency configuration determines whether contract sizing is linear, inverse, or quanto.
- The examples demonstrate instrument construction, not valuation or strategy performance.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.