Copper Option - Contract Specs
| Contract Unit | 25,000 pounds |
|---|---|
| Minimum Price Fluctuation | 0.0005 per pound = $12.50 |
| Price Quotation | U.S. dollars and cents per pound |
| Trading Hours | Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT) |
| Product Code | CME Globex: HXE CME ClearPort: HX Clearing: HX |
| Listed Contracts | Monthly contracts listed for 22 consecutive months and any Jul or Dec in the nearest 60 months. |
| Termination of Trading | Trading terminates at the Settlement Time of the underlying futures on the 4th last business day of the month prior to the contract month. If the 4th last business day occurs on a Friday or the day before a holiday, trading terminates on the prior business day. |
| Position Limits | |
| Exchange Rulebook | |
| Block Minimum | |
| Price Limit or Circuit | |
| Vendor Codes | |
| Strike Prices Strike Price Interval | |
| Settlement Method | Deliverable |
| Underlying | Copper Futures |
