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US Seasonal Strip Weather Heating Degree Day (HDD) Options
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Type
 
Seasonal Strip Degree Days Index (HDD) Options
Underlying Contract One CME Seasonal Strip Degree Days Index (HDD) 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 last
calendar month in the strip, 9:00 a.m.
Contract Months*
View Calendar		 HDD: Minimum of two, and maximum of seven, consecutive calendar months,
Oct-Apr
Strike Price Intervals HDD: 1 index point in a range of 1 to 16,000 index points
See CME Rule 405A01.E.
Exercise Procedure European Style - See CME Rule 405A02
Position Limits All months combined: 10,000 futures-equivalent contracts
See CME Rule 405A01.F.
Ticker Symbol Atlanta = H1
Chicago = H2
Cincinnati = H3
New York = H4
Dallas = H5
Philadelphia = H6
Portland = H7
Tucson = H8
Des Moines = H9
Las Vegas = H0
Boston = HW
Houston = HR
Kansas City = HX
Minneapolis = HQ
Sacramento = HS
Detroit = HK
Salt Lake City = HA
Baltimore = HV
Colorado Springs = V3
Jacksonville = VF
Little Rock = VG
Los Angeles = VH
Raleigh Durham = VK
Washington D.C. = VU
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View Product Codes
Rulebook Chapter 405A
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.