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Options on Bitcoin Futures Contract Specs

Options
Contract Unit 1 futures contract for 5 bitcoin
Minimum Price Fluctuation 5.00 per bitcoin = $25.00
Price Quotation U.S. dollars per bitcoin
Trading Hours Sunday - Friday 5:00 p.m. - 4:00 p.m. (6:00 p.m. - 5:00 p.m. ET) with a 60-minute break each day beginning at 4:00 p.m. (5:00 p.m. ET)
Product Code CME Globex: BTC
CME ClearPort: BTC
Clearing: BTC
Listed Contracts Monthly contracts listed for 6 consecutive months and 2 additional Dec contract months. If a Dec contract month is among the 6 consecutive months, only list 1 additional Dec contract month.
Termination Of Trading Trading terminates at 4:00 p.m. London time on the last Friday of the contract month. If this is not a U.K. and U.S.business day, trading terminates on the prior U.K. and U.S.business day.
Position Limits CME Position Limits
Exchange Rulebook CME 350A
Block Minimum Block Minimum Thresholds
Price Limit Or Circuit Price Limits 
Vendor Codes Quote Vendor Symbols Listing
Strike Price Listing Procedures All contract months: 
10000 point strike increments from 10000-600% above the ATM strike price
1000 point strike increments from 1000-400% above the ATM strike price
 
Nearest and second Nearest contract to expiration:
500 point strike increments from 50% below to 50% above the ATM strike price and 100 point strike increments from 20% below to 10% above the ATM strike price
If underlying future price falls below 5000,
50 point strike increments from 20% below  to 10% above the ATM strike price
Exercise Style European 
Settlement Method Deliverable
Underlying Bitcoin Futures

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