Chapter 1010
Copper Weekly Option
1010100.

SCOPE OF CHAPTER
This chapter is limited in application to weekly put and call options on the Copper Futurescontract. In addition to the Rules of this chapter, transactions in the Copper Weekly Monday
Option, Copper Weekly Tuesday Option, Copper Weekly Wednesday Option, Copper Weekly
Thursday Option and Copper Weekly Friday Option contracts shall be subject to the general
Rules of the Exchange insofar as applicable.

1010101.

OPTION CHARACTERISTICS
The number of weeks open for trading at a given time shall be determined by the Exchange.
1010101.A. Trading Schedule
The hours of trading for this contract shall be determined by the Exchange.
1010101.B. Trading Unit
A Copper Weekly call option traded on the Exchange represents an option to assume a longposition in the closest to expiry of a non-spot March, May, July, September, or December
Copper Futures contract, unless such expiration day is after the expiry of the associatedmonthly option for those months. In such case, the contract will be exercisable into a future in
the second closest to expiry March, May, July, September, or December Copper Futurescontract.
A Copper Weekly put option traded on the Exchange represents an option to assume a shortposition in the closest to expiry of a non-spot March, May, July, September, or December
Copper Futures contract, unless such expiration day is after the expiry of the associatedmonthly option for those months. In such case, the contract will be exercisable into a future in
the second closest to expiry March, May, July, September, or December Copper Futurescontract.
1010101.C. Price Increments
Prices shall be quoted in dollars and cents per pound and prices shall be in multiples of$0.0005 per pound. The minimum price increment will be $0.0005.
1010101.D. Position Limits, Exemptions, Position Accountability and Reportable Levels
The applicable position limits and/or accountability levels, in addition to the reportable levels,
are set forth in the Position Limit, Position Accountability and Reportable Level Table in theInterpretations & Special Notices Section of Chapter 5.
A Person seeking an exemption from position limits for bona fide commercial purposes shallapply to the Market Regulation Department on forms provided by the Exchange, and theMarket Regulation Department may grant qualified exemptions in its sole discretion.
Refer to Rule 559 for requirements concerning the aggregation of positions and allowable
exemptions from the specified position limits.
1010101.E. Termination of Trading
Copper Weekly Monday Option
Options will expire at the close of trading on a Monday schedule. If such Monday is an
Exchange holiday, the weekly option will not be listed for trading.
Copper Weekly Tuesday Option
Options will expire at the close of trading on a Tuesday schedule. If such Tuesday is an
Exchange holiday, the weekly option will not be listed for trading.
Copper Weekly Wednesday Option
Options will expire at the close of trading on a Wednesday schedule. If such Wednesday is an
Exchange holiday, the weekly option will not be listed for trading.
Copper Weekly Thursday Option
Options will expire at the close of trading on a Thursday schedule. If such Thursday is an
Exchange holiday, the weekly option will not be listed for trading.

Copper Weekly Friday Option
Options will expire at the close of trading on a Friday schedule. If such Friday is an Exchangeholiday, the weekly option will not be listed for trading.
1010101.F. Type Option
The option is an American-style option which can be exercised on any Business Day prior toand until expiration day.
1010101.G. Special Price Fluctuation Limits
At the commencement of each trading day, the contract shall be subject to special fluctuation
limits as set forth in Rule 589 and in the Special Price Fluctuation Limits Table in theInterpretations & Special Notices Section of Chapter 5.

1010102.

EXERCISE PRICES AND CHARACTERISTICS
Transactions shall be conducted for option contracts as set forth in Rule 300.20.