Short-Dated New Crop KC HRW Wheat Options - Contract Specs
| Contract Unit | 1 futures contract for 5,000 bushels |
|---|---|
| Minimum Price Fluctuation | 1/8 of one cent (0.00125) per bushel = $6.25 |
| Trading Hours | CME Globex: Sunday - Friday from 7:00 p.m. - 7:45 a.m. CT and Monday - Friday from 8:30 a.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 | CME Globex: KWE CME ClearPort: KWO Clearing: KWO |
| Listed Contracts | 6 monthly contracts listed in the Dec, Mar, May cycle. List a new set of contract months after the termination of trading in the September standard option. Underlying Rule: Dec, Mar and May exercise into the next July futures. |
| Termination of Trading | Trading terminates on the last Friday which precedes by at least two business days the last business day of the month prior to the contract month. Trading in expiring options ceases at the close of the regular CME Globex trading session for the corresponding futures contract. |
| Position Limits | |
| Exchange Rulebook | |
| Block Minimum | |
| Price Limit or Circuit | |
| Vendor Codes | |
| Strike Prices Strike Price Interval | |
| Settlement Method | Deliverable |
| Underlying | KC HRW Wheat Futures |
