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Corn Weekly Options Contract Specs

Options
Contract Unit One Corn futures contract (of a specified month) of 5,000 bushels
Minimum Price Fluctuation 1/8 of one cent per bushel = $6.25
Price Quotation U.S. cents per bushel
Trading Hours CME Globex: Sunday – Friday, 7:00 p.m. – 7:45 a.m. CT and
Monday – Friday, 8:30 a.m. – 1:20 p.m. CT
Open Outcry: Monday – Friday, 8:30 a.m. – 1:15 p.m.
CT with Post session until 1:20 p.m. CT immediately following the close
Product Code CME Globex: ZC1,ZC2,ZC3,ZC4,ZC5
CME ClearPort: PY1,PY2,PY3,PY4,PY5
Open Outcry: PY1,PY2,PY3,PY4,PY5
Clearing: PY1,PY2,PY3,PY4,PY5
Listed Contracts Weekly contracts listed for 3 consecutive weeks. No weekly contract listed the same week as the monthly option expiration.
Termination Of Trading Trading terminates on Friday of the contract week.
Exchange Rulebook CBOT 10A
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing
Strike Price Listing Procedures Trading shall be conducted for put and call options with strike prices in integral multiples of five (5) cents per bushel. More details on strike price intervals are outlined in Rule 10A01.E.
Exercise Style American
Settlement Method Deliverable
Underlying Corn Futures

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