Live Cattle Options - Contract Specs
| Contract Unit | 1 futures contract for 40,000 pounds |
|---|---|
| Minimum Price Fluctuation | 0.00025 per pound = $10.00 |
| Price Quotation | U.S. cents per 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: LE CME ClearPort: 48 Clearing: 48 |
| Listed Contracts | Regular Monthly contracts (Feb, Apr, Jun, Aug, Oct, Dec) listed for 9 months and 1 month of Jan, Mar, May, Jul, Sep, Nov |
| Termination of Trading | Trading terminates at 1:00 p.m. CT on the first Friday of the contract month. |
| Position Limits | |
| Exchange Rulebook | |
| Block Minimum | |
| Price Limit or Circuit | |
| Vendor Codes | |
| Strike Prices Strike Price Interval | |
| Settlement Method | Deliverable |
| Underlying | Live Cattle Futures |
