Contract Size

100 shares of underlying security
or
1,000 shares of underlying security

Minimum Price Fluctuation
(Tick Size)

$0.01 x 100 shares = $1.00
or
$0.01 x 1,000 shares = $10.00

Regular Trading Hours for Single Stock Futures

8:30 a.m. – 3:00 p.m. Central Time

Regular Trading Hours for Futures on ETFs

8:30 a.m. – 3:15 p.m. Central Time

Position Limits for 100 share contracts

Apply only during the last five trading days prior to expiration: 13,500 or 22,500 net contracts, or Position Accountability (PA), as required by CFTC regulations.

Position Limits for 1,000 share contracts

Apply only during the last five trading days prior to expiration: 1,350 or 2,250 net contracts, or Position Accountability (PA), as required by CFTC regulations.

Daily Price Limits

None

Reportable Position Level

200 Contracts

Contract Months

Any calendar month up to two calendar years.

Expiration Date /
Last Trading Day

Third Friday of contract month or, if such Friday is not a business day, the immediately preceding business day

Settlement / Delivery

Physical delivery of underlying security on third business day following the Expiration Day

Depository for Underlying Security

DTCC

Margin Requirements

Initial and maintenance margin requirement of 20% of the cash value of the contract. Certain offsets may apply.

Short Sale Advantages

No stock borrowing costs or risks.

Clearing and Settlement

Trades executed at OneChicago are cleared and settled by The Options Clearing Corporation (OCC).

U.S. Government Regulator

OneChicago is jointly regulated by the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC).