ICE Futures U.S. now lists weekly option contracts on Sugar No. 11®, Cotton No. 2® and Coffee “C”® futures contracts. The new weekly option contracts are short-life options that share most of the contract terms of the existing monthly option contracts – including strike price, minimum price quote, trading hours and exercise and assignment provisions. The weekly options, however, expire on a different date than the monthly options, providing an expiration on each Friday that is not already the expiration date for a monthly option on the relevant futures contracts.
For each product, three weekly option expirations are listed concurrently, so each weekly option has a trading life of approximately four weeks.
A Frequently Asked Questions document is available for the weekly options that covers, for example, how to determine the underlying futures contract for a weekly option and the naming/product code convention for the ICE weekly options.
You can view a weekly options listing calendar showing the first trading day and expiration date, trading symbol, and underlying futures contract through July 2012 for each of the products.
Sugar Weekly Options Listing Calendar
Cotton Weekly Options Listing Calendar
Coffee Weekly Options Listing Calendar
Contract specifications for ICE weekly options on each of the products can be found at these links.
Sugar Weekly Options Contract Specifications
Cotton Weekly Options Contract Specifications
Coffee Weekly Options Contract Specifications
For more information about the weekly sugar, cotton and coffee options, please contact Ricardo Sant’Anna, Director, Business Development, ICE Commodity Products, at 312-836-6736 or ricardo.sant’anna@theice.com.
