Five dollars ($5) times the Dow Jones Industrial Average Index. The DJIA is a price-weighted index of thirty (30) stocks.
Final Settlement Day
The third Friday of the contract month.
Cash settlement on the final settlement day. The final settlement price is $5 times a Special Opening Quotation of the index.
Minimum price increment is one index point (equal to $5 per contract).
The DJIA Index, quoted in index points.
Mar, Jun, Sep, Dec. Four contract months listed at all times.
Last Trading Day
The trading day preceding the final settlement day.
Monday: Thursday 3:30 pm – 4:30 pm and 5:00 pm – 3:15 pm next day
Sunday: 5:00 pm – 3:15 pm next day
Quarterly futures/options: Trading can occur up to 8:30 a.m. on expiration day
Serial options: Trading can occur up to 3:15 p.m. on third Friday of the contract month
BIG Dow futures ($25 multiplier), mini-sized Dow futures ($5 multiplier), and DJIA futures ($10 multiplier) are fungible contracts.
Daily Price Limit
Successive 10%, 20%, and 30% limits. For details, please see CBOT Regulation 1008.01.
The aggregate position limit in BIG Dow futures ($25 multiplier), mini-sized futures and options ($5 multiplier), and DJIA futures and options ($10 multiplier) is 50,000 DJIA futures ($10 multiplier) equivalent contracts, net long or short in all contract months combined.