Asset Class Navigation

Live Cattle Options Contract Specs

Options
Minimum Price Fluctuation Full Tick = $.00025 per pound (=$10 per contract)
Price Quotation Cents per per pound
Trading Hours CME Globex: Monday - Friday: 8:30 a.m. - 1:05 p.m. CT
Open Outcry: Monday - Friday: 8:30 a.m. - 1:02 p.m. CT
CME ClearPort: Monday - Friday: 8:30 a.m. - 1:05 p.m. CT
Product Code CME Globex: LE
CME ClearPort: 48
Open Outcry: Put: PK Call: CK
Clearing: 48
Listed Contracts 9 months of Feb, Apr, Jun, Aug, Oct, Dec, plus one serial month of Jan, Mar, May, Jul, Sep, or Nov
Termination Of Trading First Friday of the contract month, 1:00 p.m. - See CME Rule 101A01.I.
Position Limits CME Position Limits
Exchange Rulebook CME 101A
Price Limit Or Circuit Price Limits
Vendor Codes Quote Vendor Symbols Listing
Strike Prices Strike Price Interval $.02 for all months, $.01 for front two months only
See CME Rule 101A01.E.
Exercise Procedure American Style See CME Rule 101A02
Settlement Method Deliverable
Underlying Live Cattle Futures