Asset Class Navigation

Soybean Options Contract Specs

Options
Contract Unit One futures contract for 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: OZS
CME ClearPort: S
Open Outcry: Put: PZ Call: CZ
Clearing: S
Listed Contracts Monthly contracts listed for 3 consecutive months, 9 monthly contracts of Jan, Mar, May, Jul, Aug, Sep, Nov and an additional Nov contract month listed in August.
Termination Of Trading Trading terminates on Friday which precedes, by at least 2 business days, the last business day of the month prior to the contract month.
Position Limits CBOT Position Limits
Exchange Rulebook CBOT 11A
Block Minimum Block Minimum Thresholds
Price Limit Or Circuit Price Limits
Vendor Codes Quote Vendor Symbols Listing
Strike Price Listing Procedures Trading shall be conducted for put and call options with striking prices in integral multiples of ten (10) cents and twenty (20) cents per bushel. More details on strike price intervals are outlined in Rule 11A01.E.
Exercise Style The buyer of a futures option may exercise the option on any business day prior to expiration by giving notice to the Clearing House by 6:00 p.m. Chicago time. Option exercise results in an underlying futures market position. Options in-the-money on the last day of trading are automatically exercised.
Settlement Method Deliverable
Underlying Soybean Futures

Welcome to Soybean Futures

Whether you are a new trader looking to get started in futures or an experienced trader looking to hedge your risk in the agricultural markets, Soybean futures provide you with the opportunity you need.

Discover Soybean Futures