CME Group » Short Term Options: Interest Rates,

Short Term Options: Interest Rates, Equity, Agricultural, FX, Energy and Metals

 
 
 

Manage Short-Term Event Risk Across All Major Asset Classes

CME Group offers short-term options across all asset classes. Encompassing Short-dated options, Mid-Curve options, weekly options and daily options, these products provide traders with more opportunities around high impact economic events, and increased precision and flexibility in managing existing option positions.

Key Benefits

  • Flexibility to manage volatility and gamma
  • Precision timing to target specific market movements
  • Shorter expirations to gain market exposure at a lower premium
  • Available across multiple asset classes

FREE OPTIONS PRICING
AND ANALYSIS TOOL

NEWS

Interest Rates

  • 10,010,186 Weekly Treasury options have traded since they were launched on January 24, 2011.
  • Weekly Treasury options traded 1.6 Million contracts in Q1 2013, up 43% over Q1 2012.

Equity Index

  • E-mini S&P 500 weekly options averaged 53,440 contracts a day in Q1'13, up 133% over Q1'12.
  • Weekly options represented 19% of the E-mini S&P 500 options volume in Q1'13.

Agriculture

  • Open interest in Short-Dated New Crop options has surpassed 100,000 and year to date volume is more than 102,000 contracts.
  • Weekly Grain options have traded more than 1.1 million contracts since their launch in 2011.

FX

  • Weekly FX options volume in growing strongly with ADV of 5,720 contracts in Q1 2013, up 585% YoY.
 

 

Short-Term Interest Rate Options

Expanding the range of standardized, short-dated options, Weekly Treasury Options complement the standard and the flexible options on U.S. Treasury futures, and provide users with increased flexibility in managing existing option positions. They also provide new opportunities to trade high impact economic events, such as U.S. Treasury auctions and economic reports.

Weekly Mid-Curve options allow risk managers to trade Eurodollar options with high gamma on one of the most actively traded Eurodollar futures expirations, the fifth quarterly or first "Red" contract. There are five consecutive weekly options available for trading.

Features:

  • Listed 3 weeks at a time
  • Expire on the last business day of each week (typically Friday), except day of standard expiration
  • Exercise into the next quarterly futures expiry
  • Same strike price intervals and minimum tick sizes as the serial and quarterly options
  • American Expiration, automatic exercise if in-the-money (ITM)
  • Trade via open outcry and electronically on CME Globex

Products Available:

Resources:

Events

  • Treasury Auctions
  • FOMC Meetings
  • Nonfarm Payroll Employment Report
  • Inflationary Numbers (CPI, PPI)
 

Contract Specifications

Related Education

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