Asset Class Navigation

Silver Option Contract Specs

Options
Contract Unit 5,000 troy ounces
Minimum Price Fluctuation 0.001 per troy ounce = $5.00
Price Quotation U.S. dollars and cents per troy ounce
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: SO
CME ClearPort: SO
Clearing: SO
Listed Contracts Monthly contracts listed for 6 consecutive months, 3 months of March, May and September and any July and December in the nearest 60 months.
Termination Of Trading Trading terminates at 12:25 p.m. CT on the 4th last business day 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 NYMEX Position Limits
Exchange Rulebook COMEX 116
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 American
Settlement Method Deliverable
Underlying Silver Futures