Ukrainian Wheat (Platts) Options - Contract Specs
CBOT HAS SUSPENDED TRADING AND CLEARING OF ALL FUTURES AND OPTIONS OF THE UKRAINIAN WHEAT (PLATTS), BLACK SEA WHEAT FINANCIALLY SETTLED (PLATTS), AND BLACK SEA CORN FINANCIALLY SETTLED (PLATTS) CONTRACTS. ADDITIONAL INFORMATION MAY BE VIEWED IN SER-9233 DATED AUGUST 1, 2023.
| Contract Unit | 1 futures contract for 50 metric tons |
|---|---|
| Minimum Price Fluctuation | 0.05 per metric ton = $2.50 |
| Price Quotation | U.S. dollars and cents per metric ton |
| Trading Hours | CME Globex: Sunday - Friday 7:00 p.m. - 1:20 p.m. CT CME ClearPort: Sunday 5:00 p.m. - Friday 5:45 p.m. CT with no reporting Monday - Thursday from 5:45 p.m. - 6:00 p.m. CT |
| Product Code | Clearing: UWO |
| Listed Contracts | Monthly contracts listed for 12 consecutive months |
| Settlement Procedures | Physical-Exercise into Futures |
| Termination of Trading | Trading terminates on the last trading day of the underlying future. |
| Position Limits | |
| Exchange Rulebook | |
| Block Minimum | |
| Price Limit or Circuit | |
| Vendor Codes | |
| Strike Prices Strike Price Interval | Dynamic strikes only at $2.50 per bushel strike increment above and below the at-the-money strike. Strike range 50 - 500 |
| Exercise Style | American |
| Settlement Method | Deliverable |
| Underlying | Ukrainian Wheat (Platts) Futures |
