Option

Dear Experts,

I have one question regarding option: our parties use following option

1. Sale commodity item like Soyabean, Castor 5000 strike prise and fixed range 4800- 5200 for calculation.

2 If prise less than 4800 e.g. 4700, profit = 4800-4700 = 100 * Qty and

3 if prise grater than 5200 e.g 5300, loss = 100 * Qty * 2.

as per agreement if loss we pay double and if profit we received actual.

How to map this option in TRM?

Best Regards,

Vishal Patel