CME Group US Seasonal Strip Weather Heating Degree Day

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U.S. Seasonal Srip Weather Heating Degree Day futures
Exchange CME Group
Settlement Cash settled
Contract Size $20 times the Heating Degree Day Index
Pricing Unit 1 point = 1.00 Degree Day Index = $20.00
Tick Value 1.00 = $20
Contract Months Oct, Nov, Dec, Jan, Feb, Mar, Apr
Last Trading Day Two business days following the contract expiration (9 am CT)
Note: This contract is electronic ONLY -- no open outcry
  No Open Outcry Electronic
Trading Hours N/A Sunday 5:00 p.m. - Friday 3:15 p.m.

Daily trading halts 3:15 p.m. - 5:00 p.m., Last Trading Day - 9:00 a.m.

Ticker Symbol N/A
  • H1=Atlanta
  • H2=Chicago
  • H3=Cincinnati
  • H4=New York
  • H5=Dallas
  • H0=Las Vegas
  • HQ=Minneapolis
  • HS=Sacramento

City product code + XH (start in NOV, end in MAR) or ZG (start in DEC, end in FEB)

Price Limits N/A N/A
 
U.S. Seasonal Srip Weather Heating Degree Day options
Trade Unit One futures contract
Point Value 1 point = 1.00 Degree Day Index = $20
Tick Value Regular 1.00=$20.00; Cabinet 0.50=$10.00
Option Months Minimum of two, and maximum of seven, consecutive calendar months, Oct-Apr
Strike Prices All listed intervals
Exercise Style European
  Open Outcry No Electronic Market
Trading Hours Mon/Fri 8:30 a.m. to 3:15 p.m. (CST) Last Trading Day (9:00 a.m.) N/A
Ticker Symbol
  • H1=Atlanta
  • H2=Chicago
  • H3=Cincinnati
  • H4=New York
  • H5=Dallas
  • H0=Las Vegas
  • HQ=Minneapolis
  • HS=Sacramento

City product code + XH (start in NOV, end in MAR) or ZG (start in DEC, end in FEB)

N/A
Price Limits None N/A

Also See

CME Group weather products

Resources

CME Group Web site

CME Group Weather Products

US Seasonal Strip Weather Heating Degree Day (HDD) Contract Specs

Weather Product Codes