Cocoa Options
Trading Unit - One Cocoa “CC” futures Contract (10 metric tons)
Floor Trading Hours - 8:00am - 1:00pm EST
Price Quotation - Dollars per metric ton
Contract Months - Regular Options: March, May,
July, September and December
Serial
Options - January, February, April, June, August, October and November
Ticker Symbol - CC
Minimum Price Movement - $1.00/metric ton, equivalent to $10.00 per contract
Daily Price Limit - None
Strike Price Intervals - $50
First Trading Day (Regular Options) - Business
day following the business day on which the underlying future is listed for trading.
First Trading Day (Serial Options) - First business
day of the third calendar month preceding the serial option month.
Last Trading Day - First Friday of the month preceding the contract month.
Expiration - 5:00pm EST on the last trading day. Automatic exercise at one
tick or more in-the-money at expiration on last trading day.
