| Opening Date |
11/6/1995 |
| Ticker Symbol |
SG (Calls and Puts)
SG= Clearing
View product and vendor codes |
| Contract Size |
One S&P 500/Citigroup Growth futures contract |
| Strike Price Interval |
Deferred month: 5-point intervals.
Once the contract becomes the second nearest contract, 2.5-point intervals will be available |
| Tick Size (minimum fluctuation) |
OUTRIGHT
0.10=$25.00 for premium>5.00
HALF TICK
0.05=$12.50 for premium <or =5.00
CAB
0.05=$12.50
|
Trading Hours
All time listed are Central Time |
CME Globex (Electronic Platform)
MON-THURS: 5:00 p.m.-3:15 p.m. & 3:30 p.m.-4:30 p.m.
(Daily maintenance shutdown 4:30 p.m.-5:00 p.m.)
SUN: 5:00 p.m.-3:15 p.m
|
| Contract Months |
Two months in the March Quarterly Cycle (Mar, Jun, Sep, Dec)
Two Serial Months (i.e., Jan, Feb) |
Last Trade Date/Time
View Calendar |
CME Globex (Electronic Platform)
QUARTERLY: 3:15 p.m. on Thursday prior to 3rd Friday of the contract month
SERIAL: 3:15 p.m. on 3rd Friday of the contract month
|
| Strike Listing |
CME Globex (Electronic Platform)
All strikes interval
|
| Exercise Procedure |
American Style.
European Style FLEX Options |
| Expiration Date |
An option can be exercised until 7:00 p.m. on any business day the option is traded.
Unexercised in-the-money options will be automatically exercised at 7:00 p.m. on day of determination of the Final Settlement Price. |
| Settlement at Expiration |
Option exercise results in a position in the underlying cash-settled Futures contract. Options which are in-the-money on the last day of trading are automatically exercised. QUARTERLY OPTIONS are exercised into expiring cash-settled futures, which settle to the SOQ calculated the morning of the 3rd Friday of the contract month. SERIALS are exercised into underlying cash-settled futures at their closing price on 3:15 p.m. on the 3rd Friday of the contract month |
| Daily Price Limits |
RTH: Successive 10%, 20%, 30% limits (downside only)
ETH (overnight): 5% up or down
View price limits details. |
| Position Limits |
20,000 futures-equivalent S&P 500/Citigroup Growth, S&P 500/Citgroup Value and S&P 500 contracts net on the same side of the market in all contract months combined. |
| Block Trade Eligibility |
Yes. View more on block-trade eligibile contracts. |
| Block Minimum |
250 contracts |
| Rulebook Chapter |
355 A |
| Exchange Rule |
These contracts are listed with, and subject to, the rules and regulations of CME. |
