Copper Average Price Option Contract Specs
| Contract Unit | 25,000 lbs | ||||
| Minimum Price Fluctuation | $0.0001 per pound | ||||
| Price Quotation | U.S.cents per pound Please note: Prices are disseminated in U.S. Dollars and Cents |
||||
| Trading Hours | Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. Chicago Time/CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT) | ||||
| Product Code | CME Globex: CAPCME ClearPort: CAPClearing: CAP | ||||
| Listed Contracts | Monthly contracts listed for 23 consecutive months | ||||
| Termination Of Trading | Trading terminates on the last business day of the contract month | ||||
| Position Limits | NYMEX Position Limits | ||||
| Exchange Rulebook | COMEX 1191 | ||||
| Block Minimum | Block Minimum Thresholds | ||||
| Price Limit Or Circuit | Price Limits | ||||
| Vendor Codes | Quote Vendor Symbols Listing | ||||
| Strike Price Listing Procedures | Strike Price Listing and Exercise Procedures Table | ||||
| Exercise Style | European: Average Price – non-early exercisable option | ||||
| Settlement Method | Financially Settled | ||||
| Underlying | Copper Financial Futures | ||||
Quick Links
Contract Related
- CME ClearPort
- CME ClearPort Upgrade – Brokers
- CME ClearPort Upgrade – Traders
- Daily Bulletin
- Expiration Calendar
- Find a CME ClearPort Broker
- Fee Schedule
- Membership Overview
- Monthly Metals Review
- Open Interest Tool
- Options Expirations Procedures
- Metals Options Exercise Months
Product Related
- Trade TAS
- Service Providers and Storage Fees
- Trading at Settlement for Metals Futures
- Gold as Collateral
- Warehouse & Depository Stocks
Delivery Notices
Resources
© 2019 CME Group Inc. All rights reserved.