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

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E-mini S&P 500 EOM futures
Exchange CME Group
Settlement Cash settled
Contract Size $50 x S&P 500 Index
Pricing Unit 1 point = .01 index points = $0.50
Tick Value Outright: 0.25 index points=$12.50

Calendar Spread: 0.05 index points=$2.50

BTIC: 0.05 index points=$2.50

TACO (ESQ): 0.05 index points=$2.50

Contract Months Five months in the March Quarterly Cycle (Mar, Jun, Sep, Dec)
Last Trading Day Trading can occur up to 9:30 a.m. Eastern Time (ET) on the 3rd Friday of the contract month

BTIC trading terminates at 4:00 p.m. Eastern Time (ET) on the Thursday before the 3rd Friday of contract month

TACO trading terminates at 9:30 a.m. ET on the Thursday before the 3rd Friday of the contract month

Note: This contract is electronic ONLY -- no open outcry
  No Open Outcry Electronic
Trading Hours N/A CME Globex: Sunday - Friday 6:00 p.m. - 5:00 p.m. Eastern Time (ET) with trading halt 4:15 p.m. - 4:30 p.m.

BTIC: Sunday - Friday 6:00 p.m. - 4:00 p.m. ET

Clearport: Sunday - Friday 6:00 p.m. - 5:00 p.m. ET

Ticker Symbol N/A CME Globex: ES

CME ClearPort: ES

Clearing: ES

BTIC: EST

Price Limits N/A The underlying E-mini S&P 500 futures percentage price limits are calculated at the beginning of each calendar quarter. Trading halts are coordinated with trading halts in the primary securities markets. Options trading halted when lead S&P futures lock limit.
 
E-mini S&P 500 EOM options
Trade Unit One futures contract
Point Value 1 point = .01 index points = $0.50
Tick Value Regular Tick: 0.25 index points ($12.50) for premium > 5.00 index points ($250.00)

Reduced Tick: 0.05 index points ($2.50) for premium at or below 5.00 index points ($250.00)

CAB: 0.05 index points ($2.50)

Option Months Six consecutive calendar months
Strike Prices At all multiples of 25 index points within ±50% of Exercise Price Reference, centered on previous day’s settlement price of the underlying futures

At all multiples of 10 index points within ±20% of Exercise Price Reference, centered on previous day’s settlement price of the underlying futures

Once the option’s underlying futures contract becomes second nearest to delivery, at all multiples of 5 index points within ±10% of Exercise Price Reference, centered on previous day’s settlement price of the underlying futures

Exercise Style European Style. Exercisable only on expiration day.
  No Open Outcry No Electronic Market
Trading Hours N/A CME Globex: Sunday - Friday 6:00 p.m. - 5:00 p.m. Eastern Time (ET) with trading halt 4:15 p.m. - 4:30 p.m.

Clearport: Sunday - Friday 6:00 p.m. - 5:00 p.m. ET

Ticker Symbol N/A CME Globex: EW

CME ClearPort: EW

Clearing: EW

Price Limits N/A N/A

Notes

Resources

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

Price Limits