NEW YORK, U.S. – Effective commencing with the start of trading for trade date Monday, November 14, 2016, ICE Futures US has revised the number of listed months that are made available for trading at any time in the Coffee “C”. Calendar Spread Option (“CSO”) one-month and two-month series contracts.
Starting on that date six one-month series CSO contracts will be offered at all times (relating to each of the first six listed futures months paired with the next consecutive listed futures month), and five two-month series CSO contracts will be listed at all times (relating to each of the first five listed futures months paired with the second listed futures month forward from that month).
At the same time the Exchange is also revising the strike price increment for these CSO contracts, to permit strikes in 5 point (or $0.0005 per lb.) increments.
Prior to these changes, four one-month series CSO contracts and three two-month series CSO contracts are listed for trading at any time, and the strike price increment for these CSO contracts is 25 points (or $0.0025 per lb.).
Prior to these changes, four one-month series CSO contracts and three two-month series CSO contractsare listed for trading at any time, and the strike price increment for these CSO contracts is 25 points (or$0.0025 per lb.).
Current contract specifications for the Coffee “C” CSO contracts can be found at: https://www.theice.com/products/6473168/Coffee-C-Calendar-Spread-Options.
