contracts


SOFTS CONTRACTS

Coffee | Cocoa | Cotton | Sugar | Orange Juice | Lumber

Orange Juice Contracts Contracts | Quote-board

FUTURES
OPTIONS

Trading Unit
15,000 pounds of orange solids (3% more or less).

Trading Hours
10:00 am to 1:30 pm; closing period commences at 1:29 pm

Price Quotation
Prices quoted in cents and hundredths of a cent.

Trading Months
January, March, May, July, September, November with at least two January months listed at all times.

Ticker Symbol
OJ

Minimum Fluctuation
5/100 of a cent per pound ($7.50 per contract).

Last Trading Day:
14th business day prior to the last business day of the month.

First Notice Day:
First business day of contract month

Daily Price Limits:
Daily Limit:  5 cents ($750 per contract) above or below the previous day's settlement price.

Spot Month Limit:   A movable 10 cents ($1500 per contract) above or below the previous day's settlement price.  Additionally, on and after first notice day of the spot month, this same movable 10 cent limit also applies to the next nearby contract month.  Wider limits can take effect under certain market conditions. Also, substantial price moves (2,000 points or more) can activate imputed settlement prices.

Point  Value:
$1.50

Position Limits:
Delivery Month                     300 contracts
Any other month                 1,800 contracts
All months combined          3,000 contracts
Futures and options have a combined limit in futures equivalents.   
Contact the Exchange for more information..

Basis Grade:
U.S. Grade A with a Brix value of not less than 62.5 degrees.
Contact the Exchange for more information on other specifications.

Delivery Points:
Exchange licensed warehouses in Florida, New Jersey, Delaware, and California.

Delivery Methods:
Drums or tanks, at the seller's option.

Trading Unit
One FCOJ futures contract.

Trading Hours
See FCOJ futures

Price Quotation
Prices quoted in cents and hundredths of a
cent

Trading Months
In addition to a February options contract, each listed futures month will have its option month listed for trading (two Januaries, March, May, July, September, November).  In addition, the nearest calendar month
which is not a futures  month will be listed (April, June, August, October, December).

Ticker Symbol
OJ

Minimum Fluctuation
5/100 of a cent per pound ($7.50 per contract).

Last Trading Day
The third Friday of the month preceding
named option month.

Expiration Date/Time
Until 5:00 p.m. (New York time) on any trading day including last trading day.

Daily Price Limits:
None

Price Quotation:
Prices quoted in cents and hundredths of a cent.

Strike Price Increments:
5 cent increments for all contract months.

Position Limits:
See Cotton Futures Specifications for combined Futures/Options Limits.  
Contact the Exchange for more information.

To learn more, contact our professional consultants today: 1- 800-974-8744

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