Mid-Week Risk, Managed

  • 9 Mar 2018
  • By CME Group

Traders turn to the precision of Wednesday expiring options to lay off risk and capture trading opportunities around mid-week economic events like FOMC meetings, CPI data releases and more.

Case Study

January CPI Release on February 14, 2018

  • Wednesday Treasury options, launched in June 2017, saw 64,000 contracts trade on Tuesday, February 13, followed by a record 78,240 contracts on Wednesday.
  • Wednesday FX options, launched October 30, 2017, saw a record 12,289 contracts ($1.5 billion notional) traded on Wednesday, accounting for over 11% of the day’s FX options volume.
  • Wednesday S&P 500 options (Standard and E-mini), launched in September 2016, saw 121,396 contracts traded on Wednesday, +149% compared to 2017 average daily volume of 48,719.

The Growth of Wednesday Options

Trading Codes

  CME Globex Bloomberg Thomson Reuters
Wednesday Treasury Options
2-Year WT1-5 TUIA Comdty WTW
5-Year WF1-5 FVWA Comdty WFW
10-Year WY1-5 TYYA Comdty WYW
Ultra 10-Year WX1-5 UXTA Comdty WXW
T-Bond WB1-5 USYA Comdty WBW
Ultra T-Bond WU1-5 WNYA Comdty WUW
Wednesday FX Options
EUR/USD WE1-WE5   0#1WEW+
GBP/USD WG1-WG5   0#1WGW+
JPY/USD WJ1-WJ5   0#1WJW+
CAD/USD WD1-WD5   0#1WDW+
AUD/USD WA1-WA5   0#1WASW+
Wednesday Equity Index Options
E-mini S&P 500 E1C-E5A IEWA Index 0#ECW+
Standard S&P 500 S1C-S5C SPWA Index 0#SCW+

Learn More

Wednesday Treasury Options

Wednesday Equity Options

About CME Group

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