Whether you want to trade around market events or hedge industrial metals exposure, COMEX HX Copper options have the liquidity to execute your strategies.
The contract offers offers simple and efficient execution directly on competitive live market quotes on CME Globex. Access peerless price information from real-time streaming option quotes, dynamic quote responses to spread strategies via RFQs (Request for Quotes), and affordable, transparent exchange fees with margin offset savings.
Enjoy rapidly growing liquidity in all global time zones.
See live prices at any time to help inform your strategies and allow you to act quickly on opportunities.
No matter where you are in the world, get access to trade HX Copper options nearly 24 hours a day, 5 five days a week.
Identify and instantly execute on pricing disparities with SHFE Copper contracts with ease.
In this update we look at how Copper has rallied 80% in the last nine months, after an initial sell off in price and spike in volatility, Copper has found a stable volatility range and has experienced a steady rally and liquidity in CME Copper options has remained very competitive.
|CONTRACT UNIT||25,000 pounds|
|MINIMUM PRICE FLUCTUATION||0.0005 per pound = $12.50|
|PRICE QUOTATION||U.S. dollars and cents per pound|
|TRADING HOURS||Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)|
|PRODUCT CODE||CME Globex: HXE
CME ClearPort: HX
|LISTED CONTRACTS||Monthly contracts listed for 22 consecutive months|
|TERMINATION OF TRADING||Trading terminates at 12:00 Noon CT on the 4th last business days of the month prior to the contract month. If the 4th last business day occurs on a Friday or the day before a holiday, trading terminates on the prior business day.|
|POSITION LIMITS||COMEX Position Limits|
|EXCHANGE RULEBOOK||COMEX 117|
|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|
|Clearing||CME Globex||Floor||CME ClearPort||Product Name||Subgroup||Exchange||Volume||Open Interest|
|H1E||H1E||-||H1E||Copper Weekly Options - Week 1||Base||COMEX||0||1|
|H3E||H3E||-||H3E||Copper Weekly Options - Week 3||Base||COMEX||0||0|
|H2E||H2E||-||H2E||Copper Weekly Options - Week 2||Base||COMEX||0||0|
|H4E||H4E||-||H4E||Copper Weekly Options - Week 4||Base||COMEX||0||0|
|H5E||H5E||-||H5E||Copper Weekly Options - Week 5||Base||COMEX||0||0|