Basic Trading Unit: One MidAm wheat 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)

Daily Premium limits: 20 cents per bushel above or below the previous day's settlement premium. No limits for the current month on the last day of trading.

Strike Prices: Listed in multiples of 10 cents per bushel.

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.

Expiration Date: Unexercised options expire at 10 a.m. on the first Saturday following the last day of trading.

Ticker Symbol: WC = Calls WP = Puts

Date Trading Began: October 30, 1984