CME Group E-mini S&P 500 End-of-Month (EOM) Options

From MarketsWiki
Redirect page
Jump to navigation Jump to search


CTS.JPG


E-mini S&P 500 EOM futures and options
Contract Unit One E-mini S&P 500 futures contract
Minimum Price Fluctuation Regular tick: 0.25 index points = $12.50, for premium greater than 5.00

Reduced tick: 0.05 index points = $2.50, for premium less than or equal to 5.00

CAB: 0.05 index points = $2.50

Trading Hours CME Globex: Sunday - Friday 6:00 p.m. - 5:00 p.m. ET (5:00 p.m. - 4:00 p.m. CT) with a daily trading halt from 4:15 p.m. - 4:30 p.m. ET
CME ClearPort: Sunday 5:00 p.m. - Friday 5:45 p.m. CT with no reporting Monday - Thursday from 5:45 p.m. – 6:00 p.m. CT
Product Code CME Globex: ES

CME ClearPort: ES

Clearing: ES

Listed Contracts Quarterly contracts (Mar, Jun, Sep, Dec) listed for 4 consecutive quarters
Terminstion of Trading Trading terminates at 9:30 a.m. ET on the 3rd Friday of the contract quarter.
Position Limits CME Position Limits
Exchange Rulebook CME 358 A
Price Limit or Circuit Price Limits
Vendor Codes Quote Vendor Symbols Listing
Strike Price Listing Procedures 100 index point integer multiples, when listed: +30% to -50% of the prior day’s settlement price on the underlying future contract

50 index point integer multiples, when listed: +20% to -40% of the prior day’s settlement price on the underlying future contract

10 index point integer multiples, when the underlying future is the second closest contract: +10% to -25% of the prior day’s settlement price on the underlying future contract

5 index point integer multiples, 35 days prior to expiry (or 5 Weeks): +5% to -15% of the prior day’s settlement price on the underlying future contract

Excercise Procedure American Style. An option can be exercised until 6:30 p.m. ET on any business day the option is traded
Settlememt at Expiration Option exercise results in a position in the underlying cash-settled futures contract. In-the-money options, in the absence of contrarian instructions delivered to the Clearing House by 6:30 p.m. ET on the day of expiration, are automatically exercised into expiring cash-settled futures, which settle to the SOQ calculated the morning of the 3rd Friday of the contract month.
Settlement Procedure Deliverable
Underlying E-mini S&P 500 Futures

Notes[edit]

Resources[edit]

CME Group E-mini S&P 500 End-of-Month (EOM) Options Contract Specifications

Price Limits