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Softwood Pulp Options
 


Type
 
Softwood Pulp Options
Underlying Contract One Softwood Pulp futures contract
Pricing Unit Dollars per metric ton (mt)
Tick Size (minimum fluctuation) Full Tick = $.50 per mt (=$10 per contract);
Half Tick = $.25 per mt (=$5 per contract)
Daily Price Limits None
Trading Hours
(All times listed are Central Time)
CME Globex (Electronic Platform) MON - THU 5:00pm - 4:00pm (next day) Central Time
SUN and holidays
5:00pm - 4:00pm (next day) Central Time
Last Trade Date/Time
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Last Tuesday of the contract month, 2:00 a.m.
Contract Months
View Listings
All calendar months
Strike Price Intervals $5 for all months, See CME Rule 203A01.E.
Exercise Procedure American Style See CME Rule 203A02
Position Limits Non-spot: 1,000 contracts in any contract month
Spot: 1,000
All months combined: n/a
See CME Rule 203A01.F.
Ticker Symbol CME Globex = WP
Clearing = WP
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Rulebook Chapter 203A
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of CBOT.