Copper Weekly Wednesday 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 | CME Globex: Sunday - Friday 5:00 p.m. - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. CT CME ClearPort: Sunday 5:00 p.m. - Friday 4:00 p.m. CT with no reporting Monday - Thursday from 4:00 p.m. - 5:00 p.m. CT |
| Product Code | CME Globex: H1W,H2W,H3W,H4W,H5W CME ClearPort: H1W,H2W,H3W,H4W,H5W Clearing: H1W,H2W,H3W,H4W,H5W |
| Listed Contracts | Weekly contracts listed for 4 weeks and 3 additional week 1 contracts.. No weekly contract listed with the same expiration day as the monthly option. No weekly contract listed if expiration day is not a business day. |
| Termination of Trading | Trading terminates at the Settlement Time of the underlying futures on Wednesday of the contract week. |
| Position Limits | |
| Exchange Rulebook | |
| Block Minimum | |
| Vendor Codes | |
| Strike Prices Strike Price Interval | |
| Settlement Method | Deliverable |
| Underlying | Copper Futures |
