Trade Unit

One Feeder Cattle Futures Contract

Point Descriptions

1 point = .0001 cents per pound = $5.00

Contract Listing

Jan, Mar, Apr, May, Aug, Sep, Oct, Nov and Flex® Options

Eight option months listed. 

Strike Price Interval

Cents per pound. First two months only - $0.01 intervals, $0.60, $0.61, $0.62 etc. All other months - $0.02 intervals, $0.62, $0.64, $0.66, etc. For spot month, $0.005 intervals, $0.605, $0.610, $0.615 etc. Flex® Options are listed in intervals of $0.0025

Product Code

Clearing=62

Ticker

Calls=KF

Puts=JF 

Trading Venue

Floor

Hours

9:05 a.m. - 1:02 p.m. LTD(12:00 p.m.)

Listed

All listed series

Strike

All listed intervals

Limits

n/a

Minimum Fluctuation

Regular 0.00025/lb=$12.50

Cab 0.000125/lb=$6.25

Commodity trading is not suitable for everyone. The risk of loss in trading can be substantial. When trading futures and/or options, it is possible to lose more than the full value of your account. All funds committed should be risk capital. Carefully consider the inherent risks of such an investment in light of your financial condition. Past results are not necessarily indicative of future results. Please do your own research before investing in the futures market. This site contains no investment recommendations. The information and opinions contained herein comes from sources believed to be reliable, but are not guaranteed as to accuracy or completeness.