Underlying Asset

Gold futures contract (1 kilogram)

Contract Type

Call option and put option

Contract Size

One gold futures contract

Price Quotation

Yuan (RMB) /gram

Minimum Price Fluctuation

0.02 Yuan /gram

Daily Price Limit

Same as that for the gold futures contract

Contract Month

Same as that of the listed underlying futures contract

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 (Beijing Time)

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 gold futures contract plus or minus 1.5 times the current day’s price limit. The strike price interval is 2 Yuan/gram if strike price ≤200 Yuan/gram;4 Yuan/gram if 200 Yuan/gram < strike price ≤ 400 Yuan/gram; 8 Yuan/gram if strike price > 400 Yuan/ gram.

Option Style

European style. Buyers may submit an exercise or abandonment request before 3:30 p.m. on the expiration date.

Contract Symbol

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

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

Listing Exchange

SHFE