Ticker Symbols: Calls: CH Puts: CH

Underlying Contract: One live Hog futures contract (40,000 Pounds)

Strike Prices: Even intervals of 2 cents per pound, e.g., 80c, 82c, 84C, except for options on the nearby futures contract, then 1-cent-per-pound intervals will be listed, e.g., 80c, 81c 82c

Premium Quotations: Cents per pound, $4.00 per point

Min Price Fluct: $10.00/tick (cabinet = $5.00)

Daily Price Limit: None

Contract Months: February, April, June, August, October, December and serial months.

Trading Hours: 8:45 am-1:00 pm (Chicago Time):

Last Day of Trading: Option trading shall terminate on the first Friday of the delivery month of the underlying futures contract. If that Friday is not a business day, trading shall terminate on the preceding business day.

Min Perform Bond: No performance bond required for put or call option buyers, but the premium must be paid in full; option sellers must meet additional performance bond requirements as determined by the Standard Portfolio Analysis of Risk (SPAN ) performance bond system.

Exercise Procedure: An option may be exercised by the buyer up to and including the settlement date. Early exercise is accomplished by the clearing member representing the buyer submitting an Exercise Notice to the Clearing House by 7:00 p.m. on the day of exercise.