CME Group's education expert, Dave Lerman, looks into the growing liquidity in the Gold and Copper options markets. Take your chance to watch these exclusive insights today.
COMEX Copper Options are a transparent and flexible tool for hedging and establishing price exposure. Benefit from global price discovery and robust liquidity by trading options on one of our flagship metals futures.
|Contract Unit||25,000 pounds|
|Minimum Price Fluctuation||0.0005 per pound = $12.50|
|Price Quotation||U.S. dollars and cents per pound|
|Trading Hours||Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)|
|Product Code||CME Globex: HXECME ClearPort: HXClearing: HX|
|Listed Contracts||Monthly contracts listed for 22 consecutive months|
|Termination Of Trading||Trading terminates at 12:00 Noon CT on the 4th last business days of the month prior to the contract month. If the 4th last business day occurs on a Friday or the day before a holiday, trading terminates on the prior business day.|
|Position Limits||COMEX Position Limits|
|Exchange Rulebook||COMEX 117|
|Block Minimum||Block Minimum Thresholds|
|Price Limit Or Circuit||Price Limits|
|Vendor Codes||Quote Vendor Symbols Listing|
|Strike Price Listing Procedures||Strike Price Listing and Exercise Procedures Table|