SHORT-DATED NEW CROP SOYBEAN OPTIONS - CONTRACT SPECS

Options
Contract Unit 1 futures contract for 5,000 bushels
Minimum Price Fluctuation 0.00125 per bushel = $6.25
Price Quotation U.S. dollars and 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
CME ClearPort: Sunday 5:00 p.m. - Friday 5:45 p.m. CT with no reporting Monday - Thursday from 5:45 p.m. – 6:00 p.m. CT
Product Code CME Globex: OSD
CME ClearPort: SDF
Open Outcry: SDF
Clearing: SDF
Listed Contracts Monthly cotracts listed for 24 months. Add 12 new contract months (Oct-Sep) following the ternination of trading in the September contract of the current year.

Underlying Rule: Jan-Sep excersise into November futures of the current year. Oct-Dec excersise into November futures of the following year.
Termination Of Trading Trading terminates on Friday before the 2nd last business day of the month prior to the contract month, if this is not a business day, trading terminates on the prior business day.
Position Limits CBOT Position Limits
Exchange Rulebook CBOT 11A
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 ten (10) cents per bushel. More details on strike price intervals are outlined in Rule 11A01.E.
Exercise Style American
Settlement Method Deliverable
Underlying Soybean Futures

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