Options on Corn Futures

Basic Trading Unit: One MidAm corn contract of 1,000 bushels.

Price Quotation: Cents and eighths of a cent per bushel

Min Price Fluct.: 1/8 cent per bushel ($1.25 per contract)

Strike Prices: Eleven strikes listed in multiples of 10 cents per bushel nearest to the underlying price, and 4 additional strikes listed above the highest strike listed in even multiples of 20 cents.

Contract Months: March, May, July, September, and December

Trading hours: 9:30 a.m. to 1:45 p.m. (Chicago time)

Last Day of trading: The last Friday preceding the first notice day for the corresponding corn futures contract by at least five business days.

Ticker Symbol: XCC = Calls XCP = Puts

Date Trading Began: March 21, 1991


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