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Phone: 312-930-2316
Toll Free: 800-331-3332
E-mail:info@cmegroup.com
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View Current Daily Price Limits
Options on Rough Rice futures provide a way to:
- Effectively manage price risk associated with the purchase and sale of oats by merchandisers, producers, food processors and other commercial users
- Utilize some strategies to allow hedgers to reduce price level risk while retaining the opportunity to improve their purchase or selling price
- Trade in liquid markets
- Enable rice merchandisers, producers, food processors, beverage manufacturers and other commercial users to effectively manage price risk
Things to Know:
- Contract is a 2,000 hundred weight contract with a Rough Rice futures contract as the underlying product
- Contracts are available for trading over 15 hours per day providing customers with market access regardless of their time zone
- Rough Rice options are traded electronically on CME Globex during the Asian and European daytime market hours as well as during the primary U.S. grain trading hours on the trading floor
View free real-time quotes on a variety of electronically traded CME Group products
Extended Friday Close for Electronic Livestock and Dairy Products Starts Oct. 24
Effective Friday, October 24, 2008, the close of electronic trading on Fridays for Live Cattle, Feeder Cattle, Lean Hog, Frozen Pork Belly and all Dairy futures and options on CME Globex will be extended to 1:55 p.m. CT from 1:30 p.m. CT.
MD Calendar
Market Data Planning Calendar
Random Length Lumber on CME Globex
Effective October 20, 2008, Random Length Lumber futures and options will now trade electronically virtually 24 hours a day on CME Globex
- Clearing & Trading Fees
- Performance Bonds/Margins
- Trading Hours
- Product & Vendor Codes
- Future Spreads on CME Globex
- Options Strategies on CME Globex
- Moore Reports
- CME Rulebook
- CBOT Rulebook
- Find-a-Broker
- Glossary
- Knowledge Center Home
- View Intra Day Block Trades
- Wheat Price Rules (PDF)
- BM&F Bovespa Parnership
| Trade Unit | One CBOT Rough Rice futures contract (of a specified contract month) of 2,000 hundredweight (cwt.) | ||
| Settle Method | Delivery | ||
| Point Size | 1 point = $10.00 | ||
| Strike Price Interval | |||
| Strike | All listed intervals | ||
| Limits/Price Banding | Price limits scalable to next level above or below when price settles at limit. ($0.50/$0.75/$1.15) per cwt.($1,000/$1,500/$2,300 contract) above or below the previous day's settlement price. No limit in the spot month (limits are lifted beginning on First Position Day). | ||
| Tick Size (Minimum Fluctuation) |
|
||
| Trading Hours | Electronic: 6:00 p.m. - 6:00 a.m. and 9:30 a.m. - 1:15 p.m. Central Time, Sun.-Fri. | ||
| Listed | |||
| Product Codes | Clearing: 14 Open Auction: RRC for calls/RRP for puts Electronic: OZR | ||
| Minimum Block Size | |||
| Product Calendar | Jan, Mar, May, Jul, Sep, Nov; a monthly (serial) option contract is listed when the front month is not a standard option contract. The monthly option contract exercises into the nearby futures contract. For example, an August option exercises into a September futures position. View current product listings |
| Trade Unit | One CBOT Rough Rice futures contract (of a specified contract month) of 2,000 hundredweight (cwt.) | ||
| Settle Method | Delivery | ||
| Point (Tick) Size | 1 point = $10.00 | ||
| Strike Price Interval | |||
| Strike | All listed intervals | ||
| Limits/Price Banding | Price limits scalable to next level above or below when price settles at limit. ($0.50/$0.75/$1.15) per cwt.($1,000/$1,500/$2,300 contract) above or below the previous day's settlement price. No limit in the spot month (limits are lifted beginning on First Position Day). | ||
| Minimum Fluctuation |
|
||
| Trading Hours | Open Auction: 9:30 a.m. - 1:15 p.m. Central Time, Mon-Fri. | ||
| Listed | All listed series | ||
| Product Codes | Clearing: 14 Open Auction: RRC for calls/RRP for puts Electronic: OZR | ||
| Minimum Block Size | |||
| Product Calendar | Jan, Mar, May, Jul, Sep, Nov; a monthly (serial) option contract is listed when the front month is not a standard option contract. The monthly option contract exercises into the nearby futures contract. For example, an August option exercises into a September futures position. View current product listings |
Extended Friday Close for Electronic Livestock and Dairy Products Starts Oct. 24
Effective Friday, October 24, 2008, the close of electronic trading on Fridays for Live Cattle, Feeder Cattle, Lean Hog, Frozen Pork Belly and all Dairy futures and options on CME Globex will be extended to 1:55 p.m. CT from 1:30 p.m. CT.
MD Calendar
Market Data Planning Calendar
Random Length Lumber on CME Globex
Effective October 20, 2008, Random Length Lumber futures and options will now trade electronically virtually 24 hours a day on CME Globex
- Clearing & Trading Fees
- Performance Bonds/Margins
- Trading Hours
- Product & Vendor Codes
- Future Spreads on CME Globex
- Options Strategies on CME Globex
- Moore Reports
- CME Rulebook
- CBOT Rulebook
- Find-a-Broker
- Glossary
- Knowledge Center Home
- View Intra Day Block Trades
- Wheat Price Rules (PDF)
- BM&F Bovespa Parnership
| Contract Month | Product Code | First Trade Date | Last Trade Date | Settlement Date | |
| NOV08 | 14X08 | 09/24/2007 |  |
10/24/2008 | 10/24/2008 |
| DEC08 | 14Z08 | 09/29/2008 | |
11/21/2008 | 11/21/2008 |
| JAN09 | 14F09 | 11/21/2007 | |
12/23/2008 | 12/23/2008 |
| MAR09 | 14H09 | 01/09/2008 | |
02/20/2009 | 02/20/2009 |
| MAY09 | 14K09 | 03/24/2008 | |
04/24/2009 | 04/24/2009 |
| JUL09 | 14N09 | 05/15/2008 | |
06/26/2009 | 06/26/2009 |
| SEP09 | 14U09 | 08/25/2008 | |
08/21/2009 | 08/21/2009 |
| NOV09 | 14X09 | 02/04/2008 | |
10/23/2009 | 10/23/2009 |
Extended Friday Close for Electronic Livestock and Dairy Products Starts Oct. 24
Effective Friday, October 24, 2008, the close of electronic trading on Fridays for Live Cattle, Feeder Cattle, Lean Hog, Frozen Pork Belly and all Dairy futures and options on CME Globex will be extended to 1:55 p.m. CT from 1:30 p.m. CT.
MD Calendar
Market Data Planning Calendar
Random Length Lumber on CME Globex
Effective October 20, 2008, Random Length Lumber futures and options will now trade electronically virtually 24 hours a day on CME Globex
- Clearing & Trading Fees
- Performance Bonds/Margins
- Trading Hours
- Product & Vendor Codes
- Future Spreads on CME Globex
- Options Strategies on CME Globex
- Moore Reports
- CME Rulebook
- CBOT Rulebook
- Find-a-Broker
- Glossary
- Knowledge Center Home
- View Intra Day Block Trades
- Wheat Price Rules (PDF)
- BM&F Bovespa Parnership
|
Things to Know:
|
- Clearing & Trading Fees
- Performance Bonds/Margins
- Trading Hours
- Product & Vendor Codes
- Future Spreads on CME Globex
- Options Strategies on CME Globex
- Moore Reports
- CME Rulebook
- CBOT Rulebook
- Find-a-Broker
- Glossary
- Knowledge Center Home
- View Intra Day Block Trades
- Wheat Price Rules (PDF)
- BM&F Bovespa Parnership