Underlying Asset

Zinc futures contract (5 tons)

Contract Type

Call option and put option

Contract Size

One zinc futures contract

Price Quotation

 (RMB) Yuan /ton

Minimum Price Fluctuation

1 Yuan /ton

Daily Price Limit

Same as that for the underlying futures contract

Contract Month

Option contracts will be listed for the nearest two consecutive months and, when the open interest of the underlying futures contract, after daily clearing, has reached a specific threshold to be separately announced by the Exchange, for later months on the second trading day thereafter

Trading Hours

9:00 a.m. to 11:30 a.m., 1:30 p.m. to 3:00 p.m., and other hours specified by the Exchange

Last Trading Day

The fifth-to-last trading day of the month before the delivery month of the underlying futures contract, subject to adjustment by the Exchange in case of a national holiday and other special circumstances

Expiration Date

Same as the last trading day

Strike Price

The range of strike price is the previous trading day’s settlement price of the underlying futures contract plus or minus 1.5 times the current day’s price limit. The strike price interval is 100 Yuan/ton if strike price ≤10000 Yuan/ton; 200 Yuan/ton if 10000 Yuan/ton < strike price ≤ 25000 Yuan/ton; 500 Yuan/ton if strike price > 25000 Yuan/ ton

Option Style

American style. Buyers may submit an exercise request during trading hours on any trading day before the expiration date, and may submit an exercise or abandonment request before 3:30 p.m. on the expiration date

Contract Symbol

Call option: ZN-Contract Month -C-Strike Price

Put option: ZN-Contract Month-P-Strike Price

Listing Exchange

SHFE