US Soybean Oil Options5241948

Description

Options on Cash-Settled U.S. Soybean Oil Futures

Market Specifications

Contract Symbol
IBO
Contract Size
One ICE Cash-Settled U.S. Soybean Oil futures contract
Price Quotation
U.S. cents per pound, quoted to 3 decimal places
Contract Months
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 contract)
Strike Price Intervals
1/2 cent per pound
Exercise
American style. Options exercise into the underlying cash-settled future.
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.
Position Limits
See futures contract specifications
MIC Code
IFUS
Clearing Venue
ICUS

Trading Hours

CityTradingPre-Open
New York8:00 PM - 2:30 PM*
20:00 - 14:30
7:30 PM
19:30
London1:00 AM - 7:30 PM
01:00 - 19:30
12:30 AM
00:30
Singapore8:00 AM - 2:30 AM*
08:00 - 02:30
7:30 AM
07:30

*Next Day

Codes

Clearing Admin Name
O-Soybean Oil
Physical
IBO
Logical
IBO
GMI (FC)
Y\
R&N A.C.N.