One ICE Cash-Settled U.S. Soybean Oil futures contract
U.S. cents per pound, quoted to 3 decimal places
Regular Options: January, March, May, July, August, September,
October, and December; Serial Options: February, April, June, and
November, with two serial months listed for trading at any time.
Minimum Price Movement
5/1000th of one cent per pound, expressed as .005 ($3.00 per
Strike Price Intervals
1/2 cent per pound
American style. Options exercise into the underlying cash-settled
Last Trading Day
For Regular Options: Last Friday preceding the first notice day of
the corresponding trading month of the Soybean Oil futures contract
at the Chicago Board of Trade by at least 2 business days For
Serial Options: Last Friday that precedes the last business day of
the prior calendar month by at least two business days.