Weekly Options on Futures

More Expirations for More Precise Trading and Risk Management

Traders turn to the precision of CME Group’s weekly expiring options to enhance existing positions or to lay off risk and capture trading opportunities around market-moving events, like Sunday elections, Wednesday FOMC meetings and Friday Unemployment reports.

Benefits and Applications

  • Deep liquidity across all six major asset classes
  • Event-driven trading throughout the week
  • Trade gamma and capture arbitrage opportunities
  • Strengthen existing positions for short-term market fluctuations
  • Add to a futures hedge to capture opportunity with defined risk
  • Access optionality over the entire term structure
  • Pay less in premiums due to less time covered

Growing Liquidity

Product Codes

Contract

Weekly Expiry 

CME Globex 

Bloomberg 

Reuters 

Equity Options

E-mini S&P 500

Monday

E1A-E5A

IWWA Index

0#1AEW+

Wednesday

E1C-E5A

IEWA Index

0#ECW+

Friday

EW1-EW4

1EA Index - 4EA Index

0#ESW+

Standard S&P 500

Monday

S1A-S5A

SVPWA Index

0#1ASW+

Wednesday

S1C-S5C

SPWA Index

0#SCW+

Friday

EV1-EV4

1DA Index - 4DA Index

0#EVW+

E-mini NASDAQ-100

Friday

QN1, QN2, QN4

10A Index, 20A Index, 4OA Index

0#1NQW+

E-mini Dow ($5)

Friday

YM1-YM5

1FA Index, 2FA Index

0#1YMW+

E-mini Russell 2000

Friday

R1E-R4E

RUWA Index

0#1RTYW+

Interest Rate Options

2-Year Note

Wednesday

WT1-5

TUIA Comdty

0#WTW+

Friday

ZT1-5

1W-5W

0#TUW+

5-Year Note

Wednesday

WF1-5

FVWA Comdty

0#WFW+

Friday

ZF1-5

1I-5I

0#FVW+

10-Year Note

Wednesday

WY1-5

TYYA Comdty

0#WYW+

Friday

ZN1-5

1M-5M

0#TYW+

T-Bond

Wednesday

WB1-5

USYA Comdty

0#WBW+

Friday

ZB1-5

1C-5C

USW+

FX Options

EUR/USD

Wednesday

WE1-WE5

WEYA

 

Friday

1EU-5EU 

UAW

0#1EUUW+

GBP/USD

Wednesday

WG1-WG5

WLYA

 

Friday

1BP-5BP

BGW

0#1GBUW+

JPY/USD

Wednesday

WJ1-WJ5

 WJYA

 

Friday

1JY-5JY

JAW

0#1JPUW+

CAD/USD

Wednesday

WD1-WD5

WCBA

 

Friday

1CD-5CD

UDW

0#1CHUW+

AUD/USD

Wednesday

WA1-WA5

WABA

 

Friday

1AD-5AD 

AUW

0#1ADUW+

Energy Options

WTI Crude Oil

Friday

LO1-5

CLWA Comdty

 0#CLW+

Natural Gas

Friday

LN1-5

GKWA Comdty

 

Metals Options

Gold

Friday

OG1-5

XGCA Comdty OMON <GO>

0#GCW+

Silver

Friday

SO1-5

WSIA Comdty OMON <GO>

 

Copper

Friday

H1E-H5E

HGWA Comdty OMON <GO>

 

Ag Options

Corn

Friday

ZC1-5

1-5XA Comdty

0#CW+

Soybeans

Friday

ZS1-5

 1-5SA Comdty

0#SWW+

SRW Wheat

Friday

ZW1-5

1-5WA Comdty

0#WW+

Helpful Tools

CME FedWatch
Gauge the market’s expectation of an upcoming rate hike.

Open Interest Heatmap
Gain insight into market sentiment through the lens of put/call open interest.

Cross Correlation Tool
Track cross-asset product relationships to identify how activity in one market might affect another.

Options Expiration Calendar
View or download a year’s worth of expiration dates, including yet-to-be-listed weekly options.

Options Calculator
Generate fair value prices and Greeks for any of CME Group’s options on futures contracts.

Volatility Term Structure Tool
Compare charts of current implied volatilities across expiration to the view from one week earlier.

Economic Insights

Trading Insights