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KC HRW Wheat Options Contract Specs

Options
Contract Unit One KC HRW Wheat Futures contract (of a specified month) of 5,000 bushels.
Minimum Price Fluctuation 1/8 of one cent (0.00125) 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: OE1,OE2,OE3,OE4,OE5
CME ClearPort: OK1,OK2,OK3,OK4,OK5
Open Outcry: OK1,OK2,OK3,OK4,OK5
Clearing: OK1,OK2,OK3,OK4,OK5
Listed Contracts Weekly contracts listed for 3 consecutive weeks. No weekly contract listed the week of the monthly option expiration.
Termination Of Trading Trading terminates on Friday of the contract week.
Exchange Rulebook CBOT 14L
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 CBOT Rulebook Chapter 14:01.E.
Exercise Style American
Settlement Method Deliverable
Underlying KC HRW Wheat Futures