How To Fix RY815 - Option price calculator called up with invalid option type

SAP Error Message - Details

• Message type: E = Error

• Message class: RY - Messages for RM Basis

• Message number: 815

• Message text: Option price calculator called up with invalid option type

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message RY815 - Option price calculator called up with invalid option type ?

  The SAP error message RY815, which states "Option price calculator called up with invalid option type," typically occurs in the context of financial transactions involving options pricing in SAP systems, particularly in modules related to treasury or financial derivatives.
  Cause:
  The error is generally caused by one of the following issues:
  
  
  Invalid Option Type: The option type being passed to the option pricing calculator is not recognized or is not valid. This could be due to a typo, incorrect configuration, or an unsupported option type.
  
  
  Configuration Issues: The configuration settings for the option pricing model may not be set up correctly, leading to the system not recognizing the option type.
  
  
  Data Entry Errors: Incorrect data entry in the transaction or master data related to the options can lead to this error.
  
  
  Missing Customization: If the system has been customized, there may be missing or incorrect custom code that handles option types.
  
  
  Solution:
  To resolve the RY815 error, you can take the following steps:
  
  
  Check Option Type: Verify the option type being used in the transaction. Ensure that it is a valid option type recognized by the SAP system.
  
  
  Review Configuration: Check the configuration settings for the option pricing model in the SAP system. Ensure that all necessary settings are correctly defined.
  
  
  Data Validation: Review the data entered in the transaction. Ensure that all fields are filled out correctly and that there are no typos or incorrect values.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for the specific module you are working with to understand the valid option types and their configurations.
  
  
  Debugging: If you have access to technical resources, consider debugging the code that calls the option price calculator to identify where the invalid option type is being generated.
  
  
  Contact Support: If the issue persists, consider reaching out to SAP support or your internal SAP support team for further assistance.
  
  
  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 transaction codes related to options pricing and financial derivatives in SAP, such as those in the Treasury module (e.g., TRM).
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed, and solutions shared.
  
  By following these steps, you should be able to identify and resolve the cause of the RY815 error in your SAP system.