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 

Refinitiv

CQG

Equity Options

E-mini S&P 500

Monday

E1A-E5A

IWWA Index

0#1AEW+

 
Tuesday

E1B- E5B

IMBA Index 0#E1BW+  

Wednesday

E1C-E5A

IEWA Index

0#ECW+

 
Thursday

E1D-E5D

IMDA Index 0#E1DW+  

Friday

EW1-EW4

1EA Index - 4EA Index

0#ESW+

 

Micro E-mini S&P 500

Monday

X1A-X5A

HWCA Index OMON

XAA1W-XAA5W

 
Tuesday

X1B-X5B

HWDA Index OMON XB1W-XB5W  

Wednesday

X1C-X5C

HVWA Index

XXC1W-XXC5W

 
Thursday

X1D-X5D

HWLA Index OMON XD1W-XD5W  

Friday

EX1-EX4

HXSA Index OMON

1EX1W-1EX4W

 

E-mini NASDAQ-100

Monday

Q1A-Q5A

QNBA Index

0#QNC1W+

 
Tuesday

Q1B-Q5B

QETA Index 0#Q1BW+  

Wednesday

Q1C-Q5C

QNCA Index

0#QNA1W+

 
Thursday

Q1D-Q5D

QHTA Index 0#Q1DW+  

Friday

QN1, QN2, QN4

10A Index, 20A Index, 4OA Index

0#1NQW+

 

Micro E-mini NASDAQ 100

Monday

D1A-D5A

HWSA Index OMON

DA1W-DA5W

 
Tuesday

D1B-D5B

HWTA Index OMON XDB1W-XDB5W  

Wednesday

D1C-D5C

HWWA Index OMON

DC1W-DC5W

 
Thursday

D1D-D5D

HVYA Index OMON DD1W-DD5W  

Friday

MQ1-MQ4

HWYA Index OMON

1MQ1W-1MQ4W

 

E-mini Dow ($5)

Friday

YM1-YM5

1FA Index, 2FA Index

0#1YMW+

 

E-mini Russell 2000

Monday

R1A-R5A

MRYA Index

0#1AR1W+

 
Tuesday

R1U-R5U

RFOA Index 0#1UR1W+  

Wednesday

R1C-R5C

WRYA Index

0#1RC1W+

 
Thursday

R1D-R5D

RFSA Index 0#1RD1W+  

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 Monday MO1-MO5 DZWA 0#1MOW+  
Tuesday TU1-TU5 TBPA T1U1W-T1U5W EUE21-EUE25

Wednesday

WE1-WE5

WEYA

0#1WEW+

 
Thursday SU1-SU5 SDYA S1U1W-S1U5W EUE41-EUE45

Friday

1EU-5EU 

UAW

0#1EUUW+

 
GBP/USD Monday MB1-MB5 BDWA 0#1MBW+  
Tuesday TG1-TG5 TBAA T1G1W-T1G5W BP21-BP25

Wednesday

WG1-WG5

WLYA

0#1WGW+

 
Thursday SB1-SB5 SDAA S1B1W-S1B5W BP41-BP45

Friday

1BP-5BP

BGW

0#1GBUW+

 
JPY/USD Monday MJ1-MJ5 JPWA 0#1MJW+  
Tuesday TJ1-TJ5 TBDA T1J1W-T1J5W JY21-JY25

Wednesday

WJ1-WJ5

WJYA

0#1WJW+

 
Thursday SJ1-SJ5 SDLA S1J1W-S1J5W JY41-JY45

Friday

1JY-5JY

JAW

0#1JPUW+

 
CAD/USD Monday MD1-MD5 CFWA 0#1MDW+  
Tuesday TL1 - TL5 TBBA T1L1W-T1L5W CA21-CA25

Wednesday

WD1-WD5

WCBA

0#1WDW+

 
Thursday SD1-SD5 SDBA S1D1W-S1D5W CA41-CA45

Friday

1CD-5CD

UDW

0#1CHUW+

 
AUD/USD Monday MA1-MA5 ARWA 0#1MAW+  
Tuesday TA1-TA5 TBLA T1A1W-T1A5W DA21-DA26

Wednesday

WA1-WA5

WABA

0#1WASW+

 
Thursday SA1-SA5 SDRA S1A1W-S1A5W DA41-DA45

Friday

1AD-5AD 

AUW

0#1ADUW+

 
CHF/USD Option Friday 1SF-5SF SWWA 0#1CHUW+ SFA1-5

Energy Options

WTI Crude Oil

Friday

LO1-5

CLWA Comdty

0#CLW+

 

Natural Gas

Friday

LN1-5

LNSA Comdty

0#NGW+

 

Metals Options

Gold

Friday

OG1-5

XGCA Comdty OMON <GO>

0#GCW+

 

Silver

Friday

SO1-5

WSIA Comdty OMON <GO>

0#SIW+

 

Copper

Friday

H1E-H5E

HGWA Comdty OMON <GO>

0#HGW+

 

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