Micro Bitcoin and Micro Ether options
Micro-sized options, major cryptocurrency opportunities
Trade with more precision
Scale crypto exposure up and down with underlying contracts sized at 1/10 of one bitcoin or one ether, respectively.
Add versatility to strategies
Take long- or short-term views using monthly or weekly options. Build market neutral, directional, or multi-leg strategies.
Access futures liquidity
The options settle into liquid Micro Bitcoin and Micro Ether futures and have lower dollar premiums related to smaller contract sizes.
Options on Micro Bitcoin and Micro Ether futures offer more ways to manage your exposure to the top cryptocurrencies by market capitalization and optimize your crypto trading strategies. Building on the strength and liquidity of Micro Bitcoin and Micro Ether futures, these options contracts enable market participants to efficiently hedge market-moving events with greater precision and flexibility, enabling traders of all sizes to access crypto market exposure.
Cryptocurrency News and Events
Get the latest updates on the Cryptocurrency futures and options market with product news and information, macro trends, and more.
Understand Micro Crypto options
Micro E-mini Options
Add the flexibility of options to the precision of using smaller notional contracts to manage equity index exposure. Build market neutral, directional, and/or multi-leg strategies to seek new opportunities in the equity markets.
|Options on Micro Bitcoin futures||Options on Micro Ether futures|
|Contract Size||One Micro Bitcoin futures contract (futures contract = 0.10 bitcoin)||One Micro Ether futures contract (futures contract = 0.10 ether)|
|Trading Hours and Venue||CME Globex: Sunday - Friday 6:00 p.m. - 5:00 p.m. ET (5:00 p.m. - 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. ET (4:00 p.m. CT)
ClearPort: 6:00 p.m. Sunday to 6:45 p.m. Friday ET (5:00 p.m. - 5:45 p.m. CT) with a 15-minute maintenance window between 6:45 p.m. - 7:00 p.m. ET (5:45 p.m. - 6:00 p.m. CT) Monday - Thursday.
|Minimum Price Fluctuation||Outright: $5.00 per bitcoin = $0.50 per contract for premium above $2.00 per bitcoin
Reduced tick and Spread: $1.00 per bitcoin = $0.10 per contract for premium less than or equal to $25.0 per bitcin
|Outright: $0.50 per ether = $0.05 per contract|
|Product Code||CME Globex:
Monday Weekly: W1A-W5A
Wednesday Weekly: W1C-W5C
Friday Weeks 1,2,3,4: W1E-W4E
Monday Weekly: V1A-V5A
Wednesday Weekly: V1C-V5C
Friday Weeks 1,2,3,4: V1E-V4E
|Exercise Procedure||European Style (with no contrary instructions)|
|Listing Schedule||One nearest Monday Weekly contract
One nearest Wednesday Weekly contract
Four nearest weekly Friday contracts of Weeks 1,2,3,4 (Excluding Last Friday)
6 nearest Monthly contracts (Last Friday)
4 nearest Quarterly contracts
A second December contract if only one is listed
|Minimum Block Threshold||10 contracts||100 contracts|
|Block Reporting Window||RTH: 5 minutes
ETH/ATH: 15 minutes
|Strike Price Listing Schedule||Strike listing reflects the underlying price of the token and days until expiration. View the FAQ for more information.|
More choices to manage cryptocurrency exposure
Micro Bitcoin futures
Sized at 1/10 of one bitcoin, Micro Bitcoin futures offer an efficient, cost-effective new way to fine-tune bitcoin exposure and enhance your trading strategies.
Micro Ether futures
Sized at 1/10 of one ether, Micro Ether futures provide a capital-efficient way to manage exposure to one of largest cryptocurrencies by market capitalization.
The first cryptocurrency contract launched at CME Group, Bitcoin futures can help you easily trade a view of bitcoin.
Larger Ether futures can help you efficiently manage exposure to the rapidly growing ether cryptocurrency.
Where can I trade Micro Cryptocurrency options?
Below is a list of brokers that offer Micro Bitcoin and Micro Ether options.
Interactive Brokers Group affiliates provide automated trade execution and custody of securities, commodities, and foreign exchange around the clock in over 135 markets.
Edge Clear sets out to be the industry leader in providing the services that level the playing field for the online trader.
Ironbeam is an industry leading futures broker and FCM providing cutting edge technology, research, and clearing services to traders worldwide.
TradeStation offers the ultimate online trading experience across several asset classes for self-directed traders and investors who want to claim their financial edge.
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