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 |
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| 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 | COMEX 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 | ||||
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