| CME S&P 500 Options |
| Trade Unit |
One S&P 500 Stock Price Index futures contract |
| Point Descriptions |
1 point = .01 index points = $2.50 |
| Contract Listing |
Four months in the March quarterly cycle and two months not in the March cycle (serial months). Mar, Jun, Sep, Dec. |
| Strike Price Interval |
Generally, intergers divisible by 25 without remainder.Under specified conditions, strikes that are integers divisible by 5 without remainder may be added. See notes ++ and ++++ |
| Product Code |
Clearing=SP
Ticker
Call=CS
Put=PS
American Flex:
Calls=XPC
Puts=XPP
European Flex:
Calls=YPC
Puts=YPP
|
| Trading Venue: Floor |
| Hours |
8:30 a.m.-3:15 p.m.
Month end(3:15 p.m.)
LTD(3:15 p.m.)^ |
| Listed |
All listed series. |
| Strike |
All listed intervals |
| Limits |
Options trading halted when lead S&P futures lock limit. |
| Minimum Fluctuation |
Regular |
0.10=$25.00 for premium >5.00 |
| Half Tick |
0.05=$12.50 for premium < or =5.00 |
| Cab |
0.05=$12.50 |
| Trading Venue: CME® Globex® |
| Hours |
Mon/Thurs 5:00 p.m.-8:15 a.m. & 3:30 p.m.-4:30 p.m.; Shutdown period from 4:30 p.m. to 5:00 p.m. nightly; Sun & Hol 5:00 p.m.-8:15 a.m. |
| Listed |
First month in the March quarterly cycle and two serial months. |
| Strike |
12 strikes up & down, and including, the strike nearest the money. |
| Limits |
Options trading halted when lead S&P futures lock limit. |
| Minimum Fluctuation |
Regular |
0.10=$25.00 for premium >5.00 |
| Half Tick |
0.05=$12.50 for premium < or =5.00 |
| Cab |
0.05=$12.50 |
