CME Group Hurricane Maximum

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Hurricane Seasonal Maximum contracts focus on the largest (in terms of CHI Index value) that occur within a specific location or geographic area between June 1 and November 30.

CME Group Hurricane Seasonal Maximum futures
Exchange	CME Group
Settlement	Cash settled
Trade Unit	$1,000 times the respective CHI
Point Value	1 CHI point = $1,000
Tick Value	0.1=$100
Contract Months	Expressed in terms of the largest CHI hurricanes that occur within a specific location between June 1 and November 30 inclusive of a calender year. Expressed in terms of the largest CHI Cat-In-The-Box hurricane that occur within a specific geographic area between June 1 and November 30 inclusive of a calendar year.
Last Trading Day	One business days following two calendar days following the contract period.
Note: This contract is electronic ONLY -- no open outcry
	No Open Outcry	Electronic
Trading Hours	N/A	Traded exclusively on CME Globex on Sundays through Thursdays, 5:00 p.m. - 3:15 p.m. CT the following days
Ticker Symbol	NA	HGM = Gulf Coast HFM = Florida HSM = Southern Atlantic Coast HNM = Northern Atlantic Coast HXM = Eastern US HPM = CHI Cat-in-the-box (Galveston-Mobile)
Price Limits	N/A	30 points

CME Group Hurricane Seasonal Maximum options
Trade Unit	One futures contract
Point Value	1 point = $1,000 (0.1 = $100)
Tick Value	Regular 1.00=$1,000.00; Cabinet 0.50=$500.00
Option Months	Expressed in terms of the largest CHI hurricanes that occur within a specific location between June 1 and November 30 inclusive of a calender year. Expressed in terms of the largest CHI Cat-In-The-Box hurricane that occur within a specific geographic area between June 1 and November 30 inclusive of a calendar year.
Strike Prices	0-30
Exercise Style	American
Option Expiration Day	One business days following two calendar days following the contract period.
	Open Outcry	No Electronic Market
Trading Hours	Traded on Sundays through Thursdays, 5:00 p.m. - 3:15 p.m. CT the following days	N/A
Ticker Symbol	HGM = Gulf Coast HFM = Florida HSM = Southern Atlantic Coast HNM = Northern Atlantic Coast HXM = Eastern US HPM = CHI Cat-in-the-box (Galveston-Mobile)	N/A
Price Limits	30 points	N/A