E-mini Russell 2000 Monday and Wednesday Weekly Options (European-Style)

More precision, more opportunities to manage small-cap exposure

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Expand your choices to manage market exposure and fine-tune your trading strategies with E-mini Russell 2000 Monday and Wednesday Weekly options. These short-dated contracts offer greater precision and flexibility for trading the leading benchmark for small-cap performance, the Russell 2000 Index.

Key benefits

Trade with more precision

Add more granularity to your trading strategies and fine-tune your Russell 2000 Index exposure with a range of quarterly, end-of-month, and new weekly options.

Add versatility to manage positions

Short-term options offer greater flexibility to manage high-impact event risk, providing the versatility you need in your trading strategies.

Tap into E-mini Russell 2000 futures liquidity

These contracts settle into liquid E-mini Russell 2000 futures contracts, which averaged 205K contracts traded daily in 2020.

Learn about E-mini Russell 2000 Monday and Wednesday Weekly options

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Contract specifications

CONTRACT 

E-mini Russell 2000 Monday and Wednesday Weekly Options (European-Style)

CME Globex/CME ClearPort CODE

Mondays: R1A, R2A, R3A, R4A, R5A

Wednesdays: R1C, R2C, R3C, R4C, R5C

CONTRACT UNIT

$50 x E-Mini Russell 2000 futures contract

LISTING SCHEDULE

At any given time, four nearest weeks will be listed for trading:

R1A, R2A, R3A, R4A, R5A (Monday) 

R1C, R2C, R3C, R4C, R5C (Wednesday)

sTRIKE PRICE LISTING SCHEDULE

5 index point integer multiples, when listed:  -15% to +5% of the prior day’s settlement price on the underlying future contract.

10 index point integer multiples, when listed:  -25% to +10% of the prior day’s settlement price on the underlying future contract.

50 index point integer multiples, when listed:  -50% to +30% of the prior day’s settlement price on the underlying future contract.

EXERCISE PROCEDURE

European style

BLOcK MINIMum

40

REPORTING WINDOW

RTH-5 Minutes

ETH-15 Minutes

SETTLEMENT AT EXPIRATION

Option exercise results in a position in the underlying cash-settled futures contract. Options which are in-the-money on the last day of trading are automatically exercised. A 4:00 p.m. ET price fixing based on the weighted average traded price fixing (symbol: RTF) of the E-mini Russell 2000 Stock Price Index futures in the last 30 seconds of trading on expiration day (3:59:30 p.m.- 4:00:00 p.m. ET) will be used to determine which options are in-the-money. Contrary exercise instructions are prohibited. Option exercise results in a position in the underlying futures contract

View full contract specifications

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