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Deep Levels of Options Liquidity to Cover a Variety of Trading Needs
With more than 250,000 contracts traded daily, our Equity Index Options on Futures products offer the liquidity, market depth and extensive product choice to suit a variety of institutional trading strategies. Choose from:
- Contracts on leading stock indexes like the S&P 500, NASDAQ-100, and Dow Jones Industrial Average
- Standard-size or smaller, electronically traded E-mini contracts
- American-style quarterly and serial months
- European-style end-of-month, short-dated weekly and FLEX
option expirations
Key Benefits
- Potential margin efficiencies on strategies involving both futures and options from our equity (stock) index complex
- Choice of active liquidity pools electronically and on the trading floor
- Spreading capabilities electronically and on the floor
- Growing participation among hedge funds, asset managers, banks, prop firms and individual traders
- All transactions backed by security and safety of CME Clearing
Product Summary - Equity Index Options
| CONTRACT | TICKER SYMBOL(S) | MULTIPLIER OF UNDERLYING | STYLE | TICK (in index points) |
EXPIRATION(S) (Day of Contract Month) |
|---|---|---|---|---|---|
| E-mini S&P 500 options ($50) | ES | $50 | A | 0.25=$12.50 for premium >5.00 0.05=$2.50 for premium < or =5.00 |
3rd Friday |
| End-of-Month E-mini S&P 500 options | EW | $50 | E | same as above | Last business day |
| Weekly E-mini S&P 500 options | EW1, EW2, EW4 | $50 | E | Same as above | 1st, 2nd & 4th Fridays |
| S&P 500 options | CS (calls) PS (puts) |
$250 | A | 0.10=$25.00 for premium >5.00 0.05=$12.50 for premium < or =5.00 |
Q: Thursday prior to 3rd Friday S: 3rd Friday |
| End-of-Month S&P 500 options | EV | $250 | E | same as above | Last business day |
| Weekly S&P 500 options | EV1, EV2, EV4 | $250 | E | same as above | 1st, 2nd & 4th Fridays |
| E-mini NASDAQ-100 options | NQ | $20 | A | 0.25=$5.00 for premium >3.00 0.05=$1.00 for premium < or =3.00 |
3rd Friday of month |
| Weekly E-mini NASDAQ-100 options | QN1, QN2, QN4, QN5 | $20 | E | same as above | 1st, 2nd, 4th & 5th* Fridays *when applicable |
| NASDAQ-100 options | ND | $100 | A | 0.25=$25.00 for premium >3.00 0.05=$5.00 for premium < or =3.00 |
Q: Thursday prior to 3rd Friday S: 3rd Friday |
| Weekly NASDAQ-100 options | DN1, DN2, DN4, DN5 | $100 | E | same as above | 1st, 2nd, 4th & 5th* Fridays *when applicable |
| E-mini Dow ($5) options | OYMC (calls) OYMP (puts) |
$5 | A | 1.00=$5.00 | 3rd Friday |
| DJIA $10 options | Floor: DJC (calls), DJP (puts) GLOBEX: OZDP (calls), OZDP (puts) |
A | 1.00=$10.00 | 3rd Friday | |
| E-mini S&P MidCap 400 options | EMD | $100 | A | 0.05=$5.00 | 3rd Friday |
| S&P MidCap 400 options | MD | $500 | A | 0.05=$25.00 | Q: Thursday prior to 3rd Friday S: 3rd Friday |
| E-mini S&P SmallCap 600 options | SMC | $100 | A | 0.10-$10.00 | 3rd Friday |
| Nikkei 225 USD options | KN (Calls) JN (Puts) |
$5 | A | 5.00 index points=$25.00 | Q: Thursday prior to 2nd Friday S: 3rd Friday |
| S&P 500/Growth options | SG | $250 | A | 0.10=$25.00 for premium>5.00 0.05=$12.50 for premium <or =5.00 |
Q: Thursday prior to 3rd Friday S: 3rd Friday |
| S&P 500/Value options | SU | $250 | A | 0.10=$25.00 for premium>5.00 0.05=$12.50 for premium <or =5.00 |
Q: Thursday prior to 3rd Friday S: 3rd Friday |
KEY
OO = Open Outcry
GLBX = CME Globex
A = American style exercise
E = European-style exercise
Q=Quarterly; S= Serial
