diff --git a/src/buffer.c b/src/buffer.c
index 58e9718..cbec9b9 100644
--- a/src/buffer.c
+++ b/src/buffer.c
@@ -2429,6 +2429,7 @@
     clear_string_option(&buf->b_p_lop);
     clear_string_option(&buf->b_p_cinsd);
     clear_string_option(&buf->b_p_cinw);
+    clear_string_option(&buf->b_p_cot);
     clear_string_option(&buf->b_p_cpt);
 #ifdef FEAT_COMPL_FUNC
     clear_string_option(&buf->b_p_cfu);
diff --git a/src/insexpand.c b/src/insexpand.c
index 552c679..7066be8 100644
--- a/src/insexpand.c
+++ b/src/insexpand.c
@@ -148,14 +148,6 @@
 static int	  compl_get_longest = FALSE;	// put longest common string
 						// in compl_leader
 
-static int	  compl_no_insert = FALSE;	// FALSE: select & insert
-						// TRUE: noinsert
-static int	  compl_no_select = FALSE;	// FALSE: select & insert
-						// TRUE: noselect
-static int	  compl_longest = FALSE;	// FALSE: insert full match
-						// TRUE: insert longest prefix
-static int	  compl_fuzzy_match = FALSE;	// True: fuzzy match enabled
-
 // Selected one of the matches.  When FALSE the match was edited or using the
 // longest common string.
 static int	  compl_used_match;
@@ -1054,24 +1046,12 @@
 }
 
 /*
- * Set variables that store noselect and noinsert behavior from the
- * 'completeopt' value.
+ * Get the local or global value of 'completeopt' flags.
  */
-    void
-completeopt_was_set(void)
+    unsigned int
+get_cot_flags(void)
 {
-    compl_no_insert = FALSE;
-    compl_no_select = FALSE;
-    compl_longest = FALSE;
-    compl_fuzzy_match = FALSE;
-    if (strstr((char *)p_cot, "noselect") != NULL)
-	compl_no_select = TRUE;
-    if (strstr((char *)p_cot, "noinsert") != NULL)
-	compl_no_insert = TRUE;
-    if (strstr((char *)p_cot, "longest") != NULL)
-	compl_longest = TRUE;
-    if (strstr((char *)p_cot, "fuzzy") != NULL)
-	compl_fuzzy_match = TRUE;
+    return curbuf->b_cot_flags != 0 ? curbuf->b_cot_flags : cot_flags;
 }
 
 
@@ -1118,7 +1098,7 @@
 pum_wanted(void)
 {
     // 'completeopt' must contain "menu" or "menuone"
-    if (vim_strchr(p_cot, 'm') == NULL)
+    if ((get_cot_flags() & COT_ANY_MENU) == 0)
 	return FALSE;
 
     // The display looks bad on a B&W display.
@@ -1152,7 +1132,7 @@
 	compl = compl->cp_next;
     } while (!is_first_match(compl));
 
-    if (strstr((char *)p_cot, "menuone") != NULL)
+    if (get_cot_flags() & COT_MENUONE)
 	return (i >= 1);
     return (i >= 2);
 }
@@ -1246,6 +1226,9 @@
     int		cur = -1;
     int		lead_len = 0;
     int		max_fuzzy_score = 0;
+    int		cur_cot_flags = get_cot_flags();
+    int		compl_no_select = (cur_cot_flags & COT_NOSELECT) != 0;
+    int		compl_fuzzy_match = (cur_cot_flags & COT_FUZZY) != 0;
 
     // Need to build the popup menu list.
     compl_match_arraysize = 0;
@@ -2469,9 +2452,8 @@
     if (ctrl_x_mode_not_defined_yet()
 			   || (ctrl_x_mode_normal() && !compl_started))
     {
-	compl_get_longest = compl_longest;
+	compl_get_longest = (get_cot_flags() & COT_LONGEST) != 0;
 	compl_used_match = TRUE;
-
     }
 
     if (ctrl_x_mode_not_defined_yet())
@@ -2943,6 +2925,10 @@
     int save_w_wrow = curwin->w_wrow;
     int save_w_leftcol = curwin->w_leftcol;
     int flags = CP_ORIGINAL_TEXT;
+    int cur_cot_flags = get_cot_flags();
+    int compl_longest = (cur_cot_flags & COT_LONGEST) != 0;
+    int compl_no_insert = (cur_cot_flags & COT_NOINSERT) != 0;
+    int compl_no_select = (cur_cot_flags & COT_NOSELECT) != 0;
 
     // If already doing completions stop it.
     if (ctrl_x_mode_not_default())
@@ -4140,6 +4126,9 @@
 {
     int	    found_end = FALSE;
     compl_T *found_compl = NULL;
+    int	    cur_cot_flags = get_cot_flags();
+    int	    compl_no_select = (cur_cot_flags & COT_NOSELECT) != 0;
+    int	    compl_fuzzy_match = (cur_cot_flags & COT_FUZZY) != 0;
 
     while (--todo >= 0)
     {
@@ -4257,6 +4246,9 @@
     int	    advance;
     int	    started = compl_started;
     buf_T   *orig_curbuf = curbuf;
+    int	    cur_cot_flags = get_cot_flags();
+    int	    compl_no_insert = (cur_cot_flags & COT_NOINSERT) != 0;
+    int	    compl_fuzzy_match = (cur_cot_flags & COT_FUZZY) != 0;
 
     // When user complete function return -1 for findstart which is next
     // time of 'always', compl_shown_match become NULL.
@@ -4411,7 +4403,7 @@
 	    }
 	}
     }
-    if (compl_pending != 0 && !got_int && !compl_no_insert)
+    if (compl_pending != 0 && !got_int && !(cot_flags & COT_NOINSERT))
     {
 	int todo = compl_pending > 0 ? compl_pending : -compl_pending;
 
diff --git a/src/option.c b/src/option.c
index 2acc0d4..8521c6e 100644
--- a/src/option.c
+++ b/src/option.c
@@ -6224,6 +6224,10 @@
 	    clear_string_option(&buf->b_p_inc);
 	    break;
 # endif
+	case PV_COT:
+	    clear_string_option(&buf->b_p_cot);
+	    buf->b_cot_flags = 0;
+	    break;
 	case PV_DICT:
 	    clear_string_option(&buf->b_p_dict);
 	    break;
@@ -6333,6 +6337,7 @@
 	    case PV_DEF:  return (char_u *)&(curbuf->b_p_def);
 	    case PV_INC:  return (char_u *)&(curbuf->b_p_inc);
 #endif
+	    case PV_COT:  return (char_u *)&(curbuf->b_p_cot);
 	    case PV_DICT: return (char_u *)&(curbuf->b_p_dict);
 	    case PV_TSR:  return (char_u *)&(curbuf->b_p_tsr);
 #ifdef FEAT_COMPL_FUNC
@@ -6413,6 +6418,8 @@
 	case PV_INC:	return *curbuf->b_p_inc != NUL
 				    ? (char_u *)&(curbuf->b_p_inc) : p->var;
 #endif
+	case PV_COT:	return *curbuf->b_p_cot != NUL
+				    ? (char_u *)&(curbuf->b_p_cot) : p->var;
 	case PV_DICT:	return *curbuf->b_p_dict != NUL
 				    ? (char_u *)&(curbuf->b_p_dict) : p->var;
 	case PV_TSR:	return *curbuf->b_p_tsr != NUL
@@ -7205,6 +7212,8 @@
 	    COPY_OPT_SCTX(buf, BV_INEX);
 # endif
 #endif
+	    buf->b_p_cot = empty_option;
+	    buf->b_cot_flags = 0;
 	    buf->b_p_dict = empty_option;
 	    buf->b_p_tsr = empty_option;
 #ifdef FEAT_COMPL_FUNC
diff --git a/src/option.h b/src/option.h
index bf889e4..91d8d95 100644
--- a/src/option.h
+++ b/src/option.h
@@ -513,6 +513,20 @@
 #endif
 EXTERN int	p_cp;		// 'compatible'
 EXTERN char_u	*p_cot;		// 'completeopt'
+EXTERN unsigned	cot_flags;	// flags from 'completeopt'
+// Keep in sync with p_cot_values in optionstr.c
+#define COT_MENU	0x001
+#define COT_MENUONE	0x002
+#define COT_ANY_MENU	0x003	// combination of menu flags
+#define COT_LONGEST	0x004	// FALSE: insert full match,
+				// TRUE: insert longest prefix
+#define COT_PREVIEW	0x008
+#define COT_POPUP	0x010
+#define COT_POPUPHIDDEN	0x020
+#define COT_ANY_PREVIEW	0x038	// combination of preview flags
+#define COT_NOINSERT	0x040	// FALSE: select & insert, TRUE: noinsert
+#define COT_NOSELECT	0x080	// FALSE: select & insert, TRUE: noselect
+#define COT_FUZZY	0x100	// TRUE: fuzzy match enabled
 #ifdef BACKSLASH_IN_FILENAME
 EXTERN char_u	*p_csl;		// 'completeslash'
 #endif
@@ -1127,6 +1141,7 @@
     , BV_CMS
 #endif
     , BV_COM
+    , BV_COT
     , BV_CPT
     , BV_DICT
     , BV_TSR
diff --git a/src/optiondefs.h b/src/optiondefs.h
index 50472e3..7b58f6b 100644
--- a/src/optiondefs.h
+++ b/src/optiondefs.h
@@ -50,6 +50,7 @@
 # define PV_CMS		OPT_BUF(BV_CMS)
 #endif
 #define PV_COM		OPT_BUF(BV_COM)
+#define PV_COT		OPT_BOTH(OPT_BUF(BV_COT))
 #define PV_CPT		OPT_BUF(BV_CPT)
 #define PV_DICT		OPT_BOTH(OPT_BUF(BV_DICT))
 #define PV_TSR		OPT_BOTH(OPT_BUF(BV_TSR))
@@ -654,7 +655,7 @@
 #endif
 			    SCTX_INIT},
     {"completeopt",   "cot",  P_STRING|P_VI_DEF|P_ONECOMMA|P_NODUP,
-			    (char_u *)&p_cot, PV_NONE, did_set_completeopt, expand_set_completeopt,
+			    (char_u *)&p_cot, PV_COT, did_set_completeopt, expand_set_completeopt,
 			    {(char_u *)"menu,preview", (char_u *)0L}
 			    SCTX_INIT},
     {"completepopup", "cpp", P_STRING|P_VI_DEF|P_COMMA|P_NODUP|P_COLON,
diff --git a/src/optionstr.c b/src/optionstr.c
index 6b59b68..d722981 100644
--- a/src/optionstr.c
+++ b/src/optionstr.c
@@ -144,6 +144,7 @@
     (void)opt_strings_flags(p_cmp, p_cmp_values, &cmp_flags, TRUE);
     (void)opt_strings_flags(p_bkc, p_bkc_values, &bkc_flags, TRUE);
     (void)opt_strings_flags(p_bo, p_bo_values, &bo_flags, TRUE);
+    (void)opt_strings_flags(p_cot, p_cot_values, &cot_flags, TRUE);
 #ifdef FEAT_SESSION
     (void)opt_strings_flags(p_ssop, p_ssop_values, &ssop_flags, TRUE);
     (void)opt_strings_flags(p_vop, p_ssop_values, &vop_flags, TRUE);
@@ -301,6 +302,7 @@
     check_string_option(&buf->b_p_lop);
     check_string_option(&buf->b_p_ft);
     check_string_option(&buf->b_p_cinw);
+    check_string_option(&buf->b_p_cot);
     check_string_option(&buf->b_p_cpt);
 #ifdef FEAT_COMPL_FUNC
     check_string_option(&buf->b_p_cfu);
@@ -1601,10 +1603,21 @@
     char *
 did_set_completeopt(optset_T *args UNUSED)
 {
-    if (check_opt_strings(p_cot, p_cot_values, TRUE) != OK)
+    char_u	*cot = p_cot;
+    unsigned	*flags = &cot_flags;
+
+    if (args->os_flags & OPT_LOCAL)
+    {
+	cot = curbuf->b_p_cot;
+	flags = &curbuf->b_cot_flags;
+    }
+
+    if (check_opt_strings(cot, p_cot_values, TRUE) != OK)
 	return e_invalid_argument;
 
-    completeopt_was_set();
+    if (opt_strings_flags(cot, p_cot_values, flags, TRUE) != OK)
+	return e_invalid_argument;
+
     return NULL;
 }
 
diff --git a/src/popupmenu.c b/src/popupmenu.c
index 7419806..01b6ab1 100644
--- a/src/popupmenu.c
+++ b/src/popupmenu.c
@@ -760,6 +760,7 @@
     int	    context = pum_height / 2;
 #ifdef FEAT_QUICKFIX
     int	    prev_selected = pum_selected;
+    unsigned	cur_cot_flags = get_cot_flags();
 #endif
 #if defined(FEAT_PROP_POPUP) && defined(FEAT_QUICKFIX)
     int	    has_info = FALSE;
@@ -831,7 +832,7 @@
 	if (pum_array[pum_selected].pum_info != NULL
 		&& Rows > 10
 		&& repeat <= 1
-		&& vim_strchr(p_cot, 'p') != NULL)
+		&& (cur_cot_flags & COT_ANY_PREVIEW))
 	{
 	    win_T	*curwin_save = curwin;
 	    tabpage_T   *curtab_save = curtab;
@@ -842,9 +843,9 @@
 # endif
 # ifdef FEAT_PROP_POPUP
 	    has_info = TRUE;
-	    if (strstr((char *)p_cot, "popuphidden") != NULL)
+	    if (cur_cot_flags & COT_POPUPHIDDEN)
 		use_popup = USEPOPUP_HIDDEN;
-	    else if (strstr((char *)p_cot, "popup") != NULL)
+	    else if (cur_cot_flags & COT_POPUP)
 		use_popup = USEPOPUP_NORMAL;
 	    else
 		use_popup = USEPOPUP_NONE;
diff --git a/src/proto/insexpand.pro b/src/proto/insexpand.pro
index 51f5db0..3d8c042 100644
--- a/src/proto/insexpand.pro
+++ b/src/proto/insexpand.pro
@@ -27,7 +27,7 @@
 int ins_compl_add_infercase(char_u *str_arg, int len, int icase, char_u *fname, int dir, int cont_s_ipos);
 int ins_compl_has_shown_match(void);
 int ins_compl_long_shown_match(void);
-void completeopt_was_set(void);
+unsigned get_cot_flags(void);
 int pum_wanted(void);
 void ins_compl_show_pum(void);
 char_u *find_word_start(char_u *ptr);
diff --git a/src/structs.h b/src/structs.h
index bd6977e..f1bbf17 100644
--- a/src/structs.h
+++ b/src/structs.h
@@ -3222,6 +3222,8 @@
 #ifdef FEAT_FOLDING
     char_u	*b_p_cms;	// 'commentstring'
 #endif
+    char_u	*b_p_cot;	// 'completeopt' local value
+    unsigned	b_cot_flags;	// flags for 'completeopt'
     char_u	*b_p_cpt;	// 'complete'
 #ifdef BACKSLASH_IN_FILENAME
     char_u	*b_p_csl;	// 'completeslash'
diff --git a/src/testdir/test_ins_complete.vim b/src/testdir/test_ins_complete.vim
index 947b0bb..ad9f497 100644
--- a/src/testdir/test_ins_complete.vim
+++ b/src/testdir/test_ins_complete.vim
@@ -809,6 +809,74 @@
   bwipe!
 endfunc
 
+" Test for buffer-local value of 'completeopt'
+func Test_completeopt_buffer_local()
+  set completeopt=menu
+  new
+  call setline(1, ['foofoo', 'foobar', 'foobaz', ''])
+  call assert_equal('', &l:completeopt)
+  call assert_equal('menu', &completeopt)
+  call assert_equal('menu', &g:completeopt)
+
+  setlocal bufhidden=hide
+  enew
+  call setline(1, ['foofoo', 'foobar', 'foobaz', ''])
+  call assert_equal('', &l:completeopt)
+  call assert_equal('menu', &completeopt)
+  call assert_equal('menu', &g:completeopt)
+
+  setlocal completeopt+=fuzzy,noinsert
+  call assert_equal('menu,fuzzy,noinsert', &l:completeopt)
+  call assert_equal('menu,fuzzy,noinsert', &completeopt)
+  call assert_equal('menu', &g:completeopt)
+  call feedkeys("Gccf\<C-X>\<C-N>bz\<C-Y>", 'tnix')
+  call assert_equal('foobaz', getline('.'))
+
+  setlocal completeopt=
+  call assert_equal('', &l:completeopt)
+  call assert_equal('menu', &completeopt)
+  call assert_equal('menu', &g:completeopt)
+  call feedkeys("Gccf\<C-X>\<C-N>\<C-Y>", 'tnix')
+  call assert_equal('foofoo', getline('.'))
+
+  setlocal completeopt+=longest
+  call assert_equal('menu,longest', &l:completeopt)
+  call assert_equal('menu,longest', &completeopt)
+  call assert_equal('menu', &g:completeopt)
+  call feedkeys("Gccf\<C-X>\<C-N>\<C-X>\<C-Z>", 'tnix')
+  call assert_equal('foo', getline('.'))
+
+  setlocal bufhidden=hide
+  buffer #
+  call assert_equal('', &l:completeopt)
+  call assert_equal('menu', &completeopt)
+  call assert_equal('menu', &g:completeopt)
+  call feedkeys("Gccf\<C-X>\<C-N>\<C-Y>", 'tnix')
+  call assert_equal('foofoo', getline('.'))
+
+  setlocal completeopt+=fuzzy,noinsert
+  call assert_equal('menu,fuzzy,noinsert', &l:completeopt)
+  call assert_equal('menu,fuzzy,noinsert', &completeopt)
+  call assert_equal('menu', &g:completeopt)
+  call feedkeys("Gccf\<C-X>\<C-N>bz\<C-Y>", 'tnix')
+  call assert_equal('foobaz', getline('.'))
+
+  buffer #
+  call assert_equal('menu,longest', &l:completeopt)
+  call assert_equal('menu,longest', &completeopt)
+  call assert_equal('menu', &g:completeopt)
+  call feedkeys("Gccf\<C-X>\<C-N>\<C-X>\<C-Z>", 'tnix')
+  call assert_equal('foo', getline('.'))
+
+  setlocal bufhidden=wipe
+  buffer! #
+  bwipe!
+  call assert_equal('', &l:completeopt)
+  call assert_equal('menu', &completeopt)
+  call assert_equal('menu', &g:completeopt)
+
+  set completeopt&
+endfunc
 
 " Test for completing words following a completed word in a line
 func Test_complete_wrapscan()
diff --git a/src/version.c b/src/version.c
index 92106bc..e805e2c 100644
--- a/src/version.c
+++ b/src/version.c
@@ -705,6 +705,8 @@
 static int included_patches[] =
 {   /* Add new patch number below this line */
 /**/
+    469,
+/**/
     468,
 /**/
     467,