How do I change the options price?
Given the role of the OBATE field in determining the operative pricing value,
there are a couple of ways to change the OPRICE value. First, you can open the
OPRICE field and enter an alternate value. This, certainly, is the more
direct approach. The second method is more indirect, and in some ways affords an
interesting technique for performance forecasting.
Suppose you have an underlying OBATE set to Recent, and options records that
contain both Last and OPRICE fields. If you change an OBATE to Last, you can
change the OPRICE field by either opening the OPRICE field and entering an
alternate value, or by opening the Last field and entering an alternate value. Both
methods change the OPRICE value, and therefore the price passed to the pricing
model. For an example of the
1. Open the Bid field.
2. Enter an alternate value, like 1/2.
When you enter 1/2 in the bid field, the OPRICE value changes to 1/2.