CME Group » Weather » US Monthly Weather Cooling Degree D
Weather Products
View a Weather Product
US Monthly Weather Cooling Degree Day (CDD) Options
Quotes | Contract Specifications | Performance Bonds / Margins | Product Calendar | Learn More
 


Type
 
Degree Days (CDD) Index Options
Underlying Contract One CME Degree Days (CDD) Index Futures Contract
Pricing Unit Dollars per index point
Tick Size
(minimum fluctuation)		 Full Tick = 1 Index Point (= $20 per contract)
Daily Price Limits n/a
Trading Hours
(All times listed are Central Time)		 Open Outcry
(Trading Floor)
MON-FRI: 8:30 a.m.-3:15 p.m.
Last Trade Date/Time
View Calendar		 First business day that is at least two calendar days after the end of the contract
month, 9:00 a.m.
Contract Months*
View Calendar		 CDD: May, Jun, Jul, Aug, Sep plus Apr and Oct
Strike Price Intervals CDD: 1 index point in a range of 1 to 1500 index points
See CME Rule 403A01.E.
Exercise Procedure European Style - See CME Rule 403A02
Position Limits All months combined: 10,000 futures-equivalent contracts
See CME Rule 403A01.F.
Ticker Symbol Atlanta = K1
Chicago = K2
Cincinnati = K3
New York = K4
Dallas = K5
Philadelphia = K6
Portland = K7
Tucson = K8
Des Moines = K9
Las Vegas = K0
Boston = KW
Houston = KR
Kansas City = KX
Minneapolis = KQ
Sacramento = KS
Detroit = KK
Salt Lake City = KU
Baltimore = KV
Colorado Springs = A3
Jacksonville = A0
Little Rock = AT
Los Angeles = AH
Raleigh Durham = AK
Washington D.C. = AU
View Vendor Codes
View Product Codes
Rulebook Chapter 403A
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of CME.

*Effective trade date Monday, June 22, 2009, the listing cycle for U.S. Monthly and Seasonal CDD and HDD futures and options contracts has been extended from one year to three years.