Options Contract Specifications
The dollar index contract specifications tell you how the dollar index options trade, not how to trade dollar index options. Before you consider opening a commodity options account, you should consult with a licensed commodities broker.
DOLLAR INDEX OPTIONS
US Dollar Index Futures
NYCC (US Dollar Index)
Floor Trading Hours are 08:00 to 15:00 Eastern time (closing period commences at 14:59)
Units of Trading
One futures contract ($1000 X Index value)
US Dollar Index points, calculated to three decimal places .010 = $10
.005 = $5
Four months in the March/June/September/December and the nearest two months
The DX contract has no price limits
Strike Price Increments
Intervals of one US Dollar Index trading point (1.00) Ex. one by figure
Price quoted in US Dollar Index points out to 3 decimal places.
Last Trading Day
Two Fridays before the third Wednesday of the expiring contract month
The US Dollar Index is physically settled on the third Wednesday of the expiration month against six component currencies (euro, Japanese yen, British pound, Canadian dollar, Swedish krona and Swiss franc) in their respective percentage weights in the Index. Settlement rates may be quoted to three decimal places.
The DX contract has no position limits.
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