UKRAINIAN WHEAT (PLATTS) OPTIONS - CONTRACT SPECS

Options
Contract Unit 1 futures contract for 50 metric tons
Minimum Price Fluctuation 0.05 per metric ton = $2.50
Price Quotation U.S. dollars and cents per metric ton
Trading Hours CME Globex: Sunday - Friday 7:00 p.m. – 1:20 p.m.  CT
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: UWO
CME ClearPort: UWO
Clearing: UWO
Listed Contracts Monthly contracts listed for 12 consecutive months
Settlement Procedures Physical-Exercise into Futures
Termination Of Trading Trading terminates on the last trading day of the underlying future.
Position Limits CBOT Position Limits
Exchange Rulebook CBOT 14V
Block Minimum Block Minimum Thresholds
Price Limit Or Circuit Price Limits
Vendor Codes Quote Vendor Symbols Listing
Strike Price Listing Procedures Dynamic strikes only at $2.50 per bushel strike increment above and below the at-the-money strike. 
Strike range 50 - 500
Exercise Style American 
Settlement Method Deliverable
Underlying Ukrainian Wheat (Platts) Futures