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1 Month Eurodollar Options Contract Specs

Options
Minimum Price Fluctuation Quoted in IMM Index points.
One-quarter of one basis point (0.0025 = $6.25)
Trading Hours Open Outcry: Monday - Friday 7:20 a.m. - 2:00 p.m. CT
CME ClearPort: Sunday - Friday : 5:00 p.m. - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m.
Product Code CME ClearPort: EM
Open Outcry: OL
Clearing: EM
Listed Contracts First 12 consecutive calendar months
Termination Of Trading The same date and time as the underlying futures contract.
Position Limits CME Position Limits
Exchange Rulebook CME 453A
Block Minimum Block Minimum Thresholds
Price Limit Or Circuit Price Limits
Vendor Codes Quote Vendor Symbols Listing
Strike Price Listing Procedures Strike prices will be listed in intervals of 0.125 increments for all contract months, e.g., 92.125, 92.25, 92.375, 92.50, etc.
Exercise Style Options are American Style and are exercised by notifying the Clearing House by 7:00 p.m. on the day of exercise. Unexercised options shall expire at 7:00 p.m. CT on the last trading day. In-the-money options that have not been exercised shall be automatically exercised following expiration in the absence of contrary instructions.
Settlement Method Deliverable
Underlying 1 Month Eurodollar Futures