Lean Hog Options - Contract Specs
| Contract Unit | 1 futures contract for 40,000 pounds |
|---|---|
| Minimum Price Fluctuation | Outright: 0.00025 per pound = $10.00 HALF TICK 0.000125 per pound = $5.00 |
| Price Quotation | U.S. cents per pound |
| Trading Hours | CME Globex: Monday - Friday: 8:30 a.m. - 1:05 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 | CME Globex: HE CME ClearPort: LN Clearing: LN |
| Listed Contracts | 2 monthly contracts of: Feb listed in August Apr listed in October May listed in December Jun listed in December Jul listed in February Aug listed in April Oct listed in May Dec listed in June And the 2 nearest months of January, March, September, or November |
| Termination of Trading | Trading terminates at 12:00 pm CT on the 10th business day of the contract month for regular-cycle options and at 1:05 pm CT on the 10th business day of the contract month for January, March, September, and November options. |
| Position Limits | |
| Exchange Rulebook | |
| Vendor Codes | |
| Strike Prices Strike Price Interval | |
| Settlement Method | Deliverable |
| Underlying | Lean Hog Futures |
