Pork Cutout 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: PRK CME ClearPort: PRK Clearing: PRK |
| Listed Contracts | Monthly contracts listed of: 2 Feb listed in August 2 Apr listed in October 2 May listed in December 2 Jun listed in December 2 Jul listed in February 2 Aug listed in April 2 Oct listed in May 2 Dec listed in June |
| Termination of Trading | Trading terminates at 12:00 p.m. CT on the 10th business day of the contract month. |
| Position Limits | |
| Exchange Rulebook | |
| Block Minimum | |
| Vendor Codes | |
| Strike Prices Strike Price Interval | |
| Settlement Method | Deliverable |
| Underlying | Pork Cutout Futures |
