Options on Bitcoin Futures Contract Specs
| 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: BTCCME ClearPort: BTCClearing: 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 | ||||
© 2020 CME Group Inc. All rights reserved.