Underlying Instrument

RBD palm olein futures contract

Contract Type

Call option, put option

Trading Unit

One lot (10 MT) of RBD palm olein futures contract

Price Quote Unit

CNY/MT

Minimum Tick Size

0.5 CNY/MT

Daily Price Limit Range

The same as the daily price limit range of RBD palm olein futures contract

Contract Months

Jan, Feb, Mar, Apr, May, Jun, Jul, Aug, Sep, Oct, Nov, Dec

Trading Hours

9:00 - 11:30 a.m., 1:30 - 3:00 p.m., Beijing Time, Monday to Friday, and other trading hours as announced by DCE

Last Trading Day

The 5th trading day of the month immediately preceding the delivery month of the underlying futures contract

Expiration Date

The same as the last trading day

Exercise Price

The range of exercise prices is the settlement price of the RBD palm olein futures contract in the previous trading day plus or minus 1.5 times the current day’s price limit;

If exercise price ≤ 5,000 CNY/MT, exercise price interval = 50 CNY/MT;

If 5,000 CNY/MT < exercise price ≤ 10,000 CNY/MT, exercise price interval = 100 CNY/MT;

If exercise price > 10,000 CNY/MT, exercise price interval = 200 CNY/MT.

Exercise Style

American style. The options buyer can apply to exercise the options in the trading hours of any trading day prior to the expiration date, and before 3:30 pm on the expiration date.

Contract Symbol

Call option: P-Contract Month-C-Exercise Price

Put option: P-Contract Month-P-Exercise Price

Listed Exchange

DCE

Disclaimer: This English translation may be used for reference only. In case there is any discrepancy between the English version and the original Chinese version, the original Chinese version shall prevail. Dalian Commodity Exchange may change or update this English translation without any prior notice and shall accept no responsibility or liability for damage or loss caused by any error, inaccuracy, misunderstanding, or change with regard to this English translation.

Address : No.129 Huizhan Road, Dalian 116023, China
Tel : 86-411-84808226
Email : inquiries@dce.com.cn Support IPv6
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