Ultra 10-Year U.S. Treasury Note
Futures and Options
Ultra 10-Year U.S. Treasury Note Options - Contract Specs
| Contract Unit | 1 futures contract with face value at maturity of $100,000 |
|---|---|
| Minimum Price Fluctuation | CME Globex: 1/64 of one point (0.015625) = $15.625 CAB: $7.00 CME ClearPort: 1/64 of one point (0.015625) = $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: OTN CME ClearPort: TN Clearing: TN |
| Listed Contracts | Quarterly contracts (Mar, Jun, Sep, Dec) listed for 3 consecutive quarters and serial contracts listed for 3 months |
| Termination of Trading | Trading terminates on the last Friday, which precedes by at least two business days, the last business day of the month preceding the option contract month |
| Position Limits | |
| Exchange Rulebook | |
| Block Minimum | |
| Vendor Codes | |
| Strike Prices Strike Price Interval | Strike prices will be listed in increments of one-quarter of one point for the nearest monthly (serial or quarterly) expiration. The minimum strike price range will include the at-the-money strike price closest to the current futures price plus the next sixty (60) consecutive higher and the next sixty (60) consecutive lower strike prices. For all other months, Strike prices will be listed in increments of one-half 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 fifty consecutive higher and the next fifty consecutive lower strike prices. |
| Exercise Style | American |
| Settlement Method | Deliverable |
| Underlying | Ultra 10-Year U.S. Treasury Note Futures |
