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Ultra 10-Year U.S. Treasury Note Options Contract Specs

Options
Minimum Price Fluctuation 1/64 of a point ($15.625/contract or 0.015625), rounded to the nearest cent/contract. For cabinet transactions only, minimum tick sizes range from $1.00 to $15.00, in $1.00 increments per option contract.
Price Quotation U. S. Dollars and Cents per Point
Trading Hours CME Globex: Sunday - Friday 6:00 p.m. - 5:00 p.m. New York time/ET (5:00 p.m. - 4:00 p.m. Chicago Time/CT).  Monday - Thursday 5:00 p.m. - 6:00 p.m. New York Time/ET (4:00 p.m. - 5:00 p.m. Chicago Time/CT) daily maintenance period.
CME ClearPort: Sunday - Friday 6:00 p.m. - 5:00 p.m. New York time/ET (5:00 p.m. - 4:00 p.m. Chicago Time/CT).  Monday - Thursday 5:00 p.m. - 6:00 p.m. New York Time/ET (4:00 p.m. - 5:00 p.m. Chicago Time/CT) daily maintenance period.
Open Outcry: Mon-Fri: 7:20 a.m. - 2:00 p.m. CT
Product Code CME Globex: OTN
CME ClearPort: TN
Open Outcry: OTN
Clearing: TN
Listed Contracts At least four consecutive contract months (three serial expirations and one quarterly expiration) plus the next two months in the March, June, September, and December quarterly cycle.
Termination Of Trading Trading terminates on the last Friday, which precedes by at least two business days, the last business day of the month preceding the option contract month
Position Limits CBOT Position Limits
Exchange Rulebook CBOT 26A
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing
Strike Price Listing Procedures Strike prices will be listed in increments of one-quarter of one point for the nearest monthly (serial or quarterly) expiration. The minimum strike price range will include the at-the-money strike price closest to the current futures price plus the next one hundred (100) consecutive higher and the next one hundred (100) consecutive lower strike prices.  For all other months, Strike prices will be listed in increments of one-half of one point. The minimum strike price range will include the at-the-money strike price closest to the current futures price plus the next fifty consecutive higher and the next fifty consecutive lower strike prices.
Exercise Style American
Settlement Method Deliverable
Underlying Ultra 10-Year U.S. Treasury Note Futures