• Product Modification Summary: Increase Strike Price Interval for Weekly Options on Standard and E-mini S&P 500 Futures to 100, October 19, 2014

      • To
      • Clearing Member Firms; Back Office Managers
      • From
      • CME Clearing
      • #
      • 14-403
      • Notice Date
      • 14 October 2014
      • Effective Date
      • 19 October 2014

    • Strike Range Listing Expansion

      Effective Sunday, October 19, 2014 for trade date Monday, October 20, 2014 and pending all relevant CFTC regulatory review periods, please be advised that the Chicago Mercantile Exchange, Inc. (CME or EXCHANGE) will increase the strike price range for the weekly option products listed below on CME Globex and Open Outcry.


      Code

      Clearing / Globex

      Title

      Current Option Strike Price Range

      New Option Strike Price Range (as of 10/19)

      EV / EV1, EV2 & EV4

      S&P 500 Weekly Options Week 1, 2 & 4

      75 strikes above and below the previous day’s quarterly futures settlement price.

      100 strikes above and below the previous day’s quarterly futures settlement price

      EW / EW1, EW2 & EW4

      E-mini S&P 500 Weekly Options Week 1, 2 & 4

      75 strikes above and below the previous day’s quarterly futures settlement price

      100 strikes above and below the previous day’s quarterly futures settlement price


      For the full text of this advisory, please click here.