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Options Contract
Specifications The lumber contract specifications tell you how the lumber options trade,
not how to trade to lumber options. Before you consider opening a commodity options account you should consult with a licensed
commodities broker.
Lumber OptionsTrade Unit One Random Length Lumber Futures Contract Point Descriptions 1 point = $.10 per 1,000 bd. ft. = $11 per contract Contract Listing Five months of Jan, Mar, May, Jul, Sep, Nov, Serial
Months and Flex® Options ^^^^ Strike Price Interval $/thousand board feet $5.00 intervals e.g. $160, $165 Product Code Clearing Calls/Puts=LB Ticker Calls=KL Ticker Puts=JL Trading Venue Floor Hours 9:00 a.m.-1:07 p.m. LTD(1:05 p.m.)^
Listed
All listed
months Strike All listed intervals Limits None Minimum
Fluctuation Regular 0.10=$11.00 Cab 0.05=$5.50
Click here to contact a licensed commodities broker with experience in the lumber market.
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