Asset Class Navigation

E-mini Dow ($5) Options Contract Specs

Options
Contract Unit One E-mini Dow ($5) futures contract
Minimum Price Fluctuation Regular Tick: 1.00 index point ($5.00) for premium > 4.00 index points ($20.00)

Reduced Tick: Option premium at or below 4.00 index points may be traded in $1.00 increments per option contract, i.e. at $1.00, $2.00, $3.00, or $4.00
Trading Hours CME Globex: Sunday - Friday 6:00 p.m. - 5:00 p.m. Eastern Time (ET) with  trading halt 4:15 p.m. - 4:30 p.m.

Clearport: Sunday - Friday 6:00 p.m. - 5:00 p.m. ET
Product Code CME Globex: OYM
CME ClearPort: YM
Clearing: YM
Listed Contracts Four months in the March Quarterly Cycle (e.g., Mar, Jun, Sep, Dec)
Termination Of Trading 9:30 a.m. ET on the 3rd Friday of the contract month
Position Limits CBOT Position Limits
Exchange Rulebook CBOT 27A
Price Limit Or Circuit Price Limits 
Vendor Codes Quote Vendor Symbols Listing
Strike Price Listing Procedures 500-point intervals within ± 50% pervious day's settlement price of the underlying futures

100- point intervals within ± 20% previous day's settlement price of the underlying futures

50- point intervals within ± 10% previous day's settlement price of the underlying futures for the two nearest quarterly cycle month options
Exercise Procedure American Style. An option can be exercised until 8:00 p.m. ET on any business day the option is traded
Settlement At Expiration Option exercise results in a position in the underlying cash-settled futures contract. In-the-money options, in the absence of contrarian instructions delivered to the Clearing House by 8:00 p.m. ET on the day of expiration, are automatically exercised into expiring cash-settled futures, which settle to the SOQ calculated the morning of the 3rd Friday of the contract month.
Settlement Method Deliverable
Underlying E-mini Dow ($5) Futures

About E-mini Dow

An electronically traded futures contract representing a portion of standard DJIA futures, E-mini Dow futures offer an accessible alternative to manage exposure to the U.S. stock market. Based on the Dow Jones Industrial Average, E-mini Dow futures offer exposure to the 30 U.S. blue-chip companies represented in the stock index.  

Subscribe

Stay up-to-date on CME Group Equity Product developments

Subscribe to updates