Polypropylene futures contract

Contract type

Put option

Trading unit

1 lot (5 tons) polypropylene futures contract

Quotation unit

Yuan (RMB)/ton

Minimum variable price

0.5 yuan/ton

Price limit range

It is the same as the daily limit of polypropylene futures contract.

Contract month

1, 2, 3, 4, 5, 6, 7, 8, 9, 10,1,65438+ February.

trading hour

Every Monday to Friday from 9: 00 a.m. to 165438+ 0: 30 a.m. and from 13: 30 p.m. to 15: 00 p.m., as well as other times specified by the exchange.

last trading day

The fifth trading day of the month before the delivery month of the basic futures contract.

Due date

Same as last trading day.

exercise price

The exercise price covers the price range corresponding to the fluctuation of the settlement price of polypropylene futures contracts 1.5 times the price limit on the previous trading day. The exercise price is ≤5000 yuan/ton, and the exercise price range is 50 yuan/ton; 5000 yuan/ton 10000 yuan/ton, and the exercise price range is 200 yuan/ton.

Exercise mode

American style. The buyer can apply for exercise before the expiration date, at any trading time of trading day and before the expiration date of 15:30.

Event code

Call option: PP- contract month -C- strike price

Put option: PP- contract month -P- strike price

Listed exchange

Dalian commodity exchange