How To Fix J-165 - Option expiry date is after term end of underlying

SAP Error Message - Details

• Message type: E = Error

• Message class: J- -

• Message number: 165

• Message text: Option expiry date is after term end of underlying

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message J-165 - Option expiry date is after term end of underlying ?

  The SAP error message J-165, "Option expiry date is after term end of underlying," typically occurs in the context of financial instruments, particularly when dealing with options in SAP's Treasury and Risk Management module. This error indicates that the expiry date of the option you are trying to create or modify is set beyond the term end date of the underlying asset (e.g., a bond, stock, or other financial instrument).
  Cause:
  
  Mismatched Dates: The expiry date of the option is set later than the maturity date of the underlying asset. This is not allowed because an option cannot exist beyond the life of the asset it is based on.
  Incorrect Configuration: There may be an issue with how the underlying asset's term end date is configured in the system.
  Data Entry Error: The expiry date may have been entered incorrectly during the creation or modification of the option.
  
  Solution:
  
  Check Dates: Review the expiry date of the option and the term end date of the underlying asset. Ensure that the expiry date is on or before the term end date of the underlying.
  Modify Expiry Date: If the expiry date is indeed after the term end date, adjust the expiry date of the option to be within the valid range.
  Review Underlying Asset Configuration: Ensure that the underlying asset's term end date is correctly configured in the system. If necessary, update the term end date to reflect the correct maturity date.
  Consult Documentation: Refer to SAP documentation or your organization's guidelines for creating options to ensure compliance with all requirements.
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance.
  Transaction Codes: Familiarize yourself with the transaction codes related to options and underlying assets in SAP, such as transaction codes for creating or modifying financial instruments.
  User Roles and Permissions: Ensure that you have the necessary permissions to make changes to financial instruments in SAP.
  Testing: After making changes, test the creation or modification of the option again to ensure that the error has been resolved.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a financial expert familiar with your organization's SAP configuration.