| CME Random Length Lumber Options |
| Trade Unit |
One Random Length Lumber Futures Contract |
| Point Descriptions |
1 point = $.10 per 1,000 bd. ft. = $11 per contract |
| Contract Listing |
Five months of Jan, Mar, May, Jul, Sep, Nov, Serial Months and Flex® Options ^^^^ |
| Strike Price Interval |
$/thousand board feet $5.00 intervals e.g. $160, $165 |
| Product Code |
Clearing
Calls/Puts=LB
Ticker Calls=KL
Ticker Puts=JL
|
| Trading Venue: Floor |
| Hours |
9:00 a.m.-1:07 p.m. LTD(1:05 p.m.)^ |
| Listed |
All listed months |
| Strike |
All listed intervals |
| Limits |
None |
| Minimum Fluctuation |
Regular |
0.10=$11.00 |
| Cab |
0.05=$5.50 |
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