Lean Hog Options Contract Specs

Minimum Price Fluctuation	Full Tick = $.00025 per pound (=$10 per contract); Half Tick = $.000125 per pound (=$5 per contract)
Price Quotation	Cents per pound
Trading Hours	CME Globex:	Monday - Friday: 8:30 a.m. - 1:05 p.m. CT
	Open Outcry:	Monday - Friday: 8:30 a.m. - 1:02 p.m. CT
	CME ClearPort:	Monday - Friday: 8:30 a.m. - 1:05 p.m. CT
Product Code	CME Globex: HE CME ClearPort: LN Open Outcry: Put: PH Call: CH Clearing: LN
Listed Contracts	Monthly contracts listed as follows: 2 months each of May and Jun listed in December. 2 months of Jul listed in February. 2 months of Aug listed in April. 2 months of Oct listed in May. 2 months of Dec listed in June. 2 months of Feb listed in August. 2 months of Apr listed in October
Termination Of Trading	Trading terminates on the10th business day of the contract month, 12:00 p.m.
Position Limits	CME Position Limits
Exchange Rulebook	CME 152A
Vendor Codes	Quote Vendor Symbols Listing
Strike Price Listing Procedures	Strikes listed for 50% of the underlying settlement price above and below the at-the-money strike at $0.02 per pound increments in all months and additional strikes listed for 25% of the underlying settlement price above and below the at-the-money strike at $0.01 per pound increments in the nearest 3 months.
Exercise Procedure	American Style See CME Rule 152A02
Settlement Method	Deliverable
Underlying	Lean Hog Futures

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