CME S&P 500 Options
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Now available - Expanded 1x5 options spreads Learn More.

CME S&P 500® options on futures provide traders with versatility for trading the benchmark S&P 500 Index and capitalizing on their views about the direction of the market. With these tools, traders can limit their downside risk while maximizing upside potential.

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Benefits

  • Fast, efficient way to gain exposure to the benchmark S&P 500 Index using a single contract vs. multiple transactions to get similar broad exposure --- offering potential time and cost savings
  • Flexibility to construct a range of strategies to potentially profit in any market environment -- advancing, declining or even a stable market or to hedge against the risk of adverse market movements
  • Lower risk profile (risk equal to price of premium paid upfront for the option)
  • Guarantee of counterparty credit and central clearing by CME Clearing

Click here to view resources for trading this product 

Click here to learn about EOM options on CME S&P 500 options – European-style options designed to complement these quarterly and serial American-style options

  • CME Group to Update Price Limits, Harmonize Trading Hours
    Read the attached overview for details on changes to price limits and harmonization of trading hours for CME Group Equity products, effective in January 2008.
  • Rule Change for Trading Options Spreads and Combinations
    Effective Monday, January 22, 2007. Click here to read about the rule change for trading option spreads and combination on the following contracts: CME S&P 500, CME S&P 500/Citigroup Growth, CME S&P 500/Citigroup Value and CME NASDAQ-100 options on futures.
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Month-End Fair Value Procedures BROCHURE: CME Options on Futures: The Basics (PDF)
Calculating Fair Value BROCHURE: CME Equity Products Information Guide
Final Settlement Procedures FAQ: Block Trading (PDF)
Equity Price Limit Guide/FAQ
Futures and Options
S&P 500 DEC07
1542.50
+1750
Updated:
10/26/07 03:22 PM CST
CME RTH Flash Quotes
S&P 500 DEC07
1536.80
+1170
Updated:
10/26/07 03:22 PM CST
CME Globex Flash Quotes