CME Group Non-Standard Agricultural Options provide traders with more opportunities around high impact events and increased precision and flexibility in managing existing option positions.
Key Benefits:
- Offer lower premiums due to reduced time value
- Allow flexibility in hedging and managing existing option positions
- Create new opportunities to trade around high impact economic events
Features:
Weekly Options
- Three expirations listed at a time
- Expire every Friday that is not also a standard or serial option expiration – if Friday is a holiday (such as 4th of July) option expires on Thursday
- Same minimum tick sizes as standard and serial options
- Trade via open outcry and electronically on CME Globex
Short-Dated New Crop Options
- Underlying futures contracts are December Corn, November Soybeans and July KC HRW and Chicago Soft Red Winter (SRW) Wheat
- Four contract months listed for Corn and Soybeans, and three contract months listed for KC HRW and Chicago SRW Wheat
- Same minimum tick sizes as standard and serial options
- Trade via open outcry and electronically on CME Globex
Product Basics
Weekly Options
- Weekly Grain Options Contract Specifications
- Weekly Grain Options FAQ
- Weekly Grain Options Expiration Calendar
- KC Hard Red Winter (HRW) Weekly Options Contract Specifications
Short-Dated New Crop Options
- Short-Dated New Crop Options Contract Specifications
- Short-Dated New Crop Options Fact Card
- KC Hard Red Winter (HRW) Short-Dated New Crop Options Contract Specifications
Strategy & Research Papers
- Ags Provide a Better Option in Low Volatility Markets
- Corn: Strong Crop and Softening Demand?
- Wall of Supply for Soybeans?
- Soy Complex Spreads “Out of Whack” with Fundamentals
- Soybean Shift: Record Tightness to Abundance
- Advanced Trading Strategies ahead of June 30th USDA Report
- Corn: Downtrend Now but End Users Can Prepare Ahead of Key USDA Updates
- Hedge Strategies Using Options Ahead of USDA June 30th Reports
Trading Tools
- Short-Term Options Cross Asset Class Matrix
- QuikStrike Option Valuation Tool
- Quarterly Options Updates
Videos
Ags Provide a Better Option in Low Volatility Markets