- Trading Screen Product Name
- Cotton No. 2 Weekly
- Trading Screen Hub Name
- Contract Size
One Cotton No. 2 futures contract
- Tick Size
.01 cent per lb., equivalent to $5.00 per contract
- Strike Price Intervals
1-cent per lb./100 point increments
American style. Exercise of a Weekly Option will result in creation
of a position in the underlying Cotton No. 2 future contract.
- Trading Hours
ETS: 9:00 pm to 2:30 pm NY time
Floor: 10:30 am to 2:15 pm NY time
- Expiration Date
Weekly Options expire on the Last Trading Day of the contract.
- Last Trading Day
A specified Friday that is not also the last trade date of a
monthly option contract. If such a Friday is the last trade date of
a monthly option, then the Weekly Option that would expire on that
Friday will not be listed for trading.
- First Trading Day
Three Weekly Options will be listed at all times. A new Weekly
Option will be listed on the business day following the last trade
date of any Weekly Option.
The Contract Symbol shown above will be used for weekly options
listed on and after September 8, 2014. For information on the
symbols used prior to that date please go to IFUS_Weekly_Options_FAQ
- Underlying Contract
The first listed future contract for which the monthly option on
the future contract has not yet expired, with the proviso that the
October futures contract is not eligible to be the underlying
future on a Weekly Cotton No. 2 Option contract.
- MIC Code
- Clearing Venues