KCBT Wheat Options
One KCBT hard red winter wheat
1/8 cent ($6.25 per contract).
Strike Price Intervals
Integral multiples of 10 cents per bushel.
Listing of Strikes
strikes are listed to maintain 30 above and 30 below the at-the-money strike in increments of 10 cents.
The Friday at least
two (2) business days before first notice day for wheat futures.
Any time prior to expiration
by giving notice to the KCBT Clearing Corp. by 4:00 p.m., Central time, on any trading day up to and including the last trading
day. Options in-the-money on the last day of trading are automatically exercised.
Unexercised Wheat futures options shall expire at 7:00 p.m. on the last day of trading.
9:30 a.m. to 1:25 p.m., Central time.
Calls: HC. Puts: HP.
Same as underlying