Contract Unit 1 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: ZW1,ZW2,ZW3,ZW4,ZW5
CME ClearPort: WZ1,WZ2,WZ3,WZ4,WZ5
Open Outcry: WZ1,WZ2,WZ3,WZ4,WZ5
Clearing: WZ1,WZ2,WZ3,WZ4,WZ5
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 14A
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 14A01.E.
Exercise Style American
Settlement Method Deliverable
Underlying Wheat Futures