| Trading Hours |
GLOBEX (Electronic Platform)
MON-THURS: 5:00 p.m.-3:15 p.m. & 3:30 p.m.-4:30 p.m.
(Daily maintenance shutdown 4:30 p.m.-5:00 p.m.)
SUN: 5:00 p.m.-8:15 p.m.
|
Contract Months
View Listings |
Six consecutive calendar months |
| Strike Listing |
OPEN OUTCRY
All strikes intervals
GLOBEX (Electronic Platform)
12 strikes up and down, and including the strike nearest the money
|
Last Trade Date/Time
View Calendarr |
OPEN OUTCRY
3:00 p.m. CT Last Business day of month
GLOBEX (Electronic Platform)
8:15 a.m. CT Last Business day of the month
|
| Exercise Procedure |
European Style. On expiration day, all in-the-money options as of 3:00 p.m. CT
will be automatically exercised. Contrarian instructions are not allowed.
Exercisable only on expiration day. |
| Expiration Date |
Last business day of the contract month |
| Settlement at Expiration |
Option exercise results in a position in the underlying cash-settled Futures contract. Options which are in-the-money on the last day of trading are automatically exercised. A 3:00 p.m. CT price fixing based on the weighted average traded price of E-mini S&P 500 futures in the last 30 seconds of trading on expiration day (2:59:30 p.m. – 3:00:00 p.m. CT) will be used to determine which options are in-the-money. |
| Daily Price Limits |
RTH: Successive 10%, 20%, 30% limits (downside only)
ETH (overnight): 5% up or down
View price limits details. |
| Position Limits |
Work in conjunction with existing S&P 500 futures and options position limits |
Fee Waivers/
Discounts |
Reduced fees for spread-trade E-mini options |
| Rulebook Chapter |
351 A |
