2-Year T-Note
Futures and Options
2-Year T-Note Weekly Options - Contract Specs
| Contract Unit | 1 futures contract with face value at maturity of $200,000 |
|---|---|
| Minimum Price Fluctuation | Outright: 1/2 of 1/64th of a point (0.0078125) = $15.625 CAB $1.00 increments from $1.00 - $15.00 |
| Price Quotation | Points and fractions of points with par on the basis of 100 points |
| Trading Hours | CME Globex: Sunday 5:00 p.m. - Friday - 4:00 p.m. CT with a daily maintenance period from 4:00 p.m. - 5:00 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: ZT1,ZT2,ZT3,ZT4,ZT5 CME ClearPort: TW1,TW2,TW3,TW4,TW5 Clearing: TW1,TW2,TW3,TW4,TW5 |
| Listed Contracts | Weekly contract listed for 3 consecutive weeks. No weekly contract listed the week of the monthly, serial or quarterly option expiration. |
| Termination of Trading | Trading terminates on Friday of the contract week. |
| Position Limits | |
| Exchange Rulebook | |
| Block Minimum | |
| Price Limit or Circuit | |
| Vendor Codes | |
| Strike Prices Strike Price Interval | Strike prices will be listed in increments of one-eighth of one point. The minimum strike price range will include the at-the-money strike price closest to the current futures price plus the next twenty (20) consecutive higher and the next twenty (20) consecutive lower strike prices. |
| Exercise Style | American |
| Settlement Method | Deliverable |
| Underlying | Short-Term U.S. Treasury Note Futures (2-Year) |
