Nikkei 225 mini Options
Contract Specifications
Item | Nikkei 225 mini Options | ||||||||||||||
Underlying Index | Nikkei Stock Average (Nikkei 225) | ||||||||||||||
Opening Date | May 29, 2023 May 26, 2025 (Wednesday Expiry Contracts) |
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Trading Hours | 8:45-15:45, 17:00-6:00 Note: An order acceptance period ("pre-closing") is established for 5 minutes before the Itayose on close. Trading Hours |
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Contract Months | 11 contract months [Friday Expiry Contracts] Contract months maturing on the 2nd Friday : - Nearest 3 contract months Contract month maturing on Friday other than the 2nd week of the month: - Nearest 4 contract months [Wednesday Expiry Contracts] Contract month maturing on Wednesday : - Nearest 4 contract months Note: - When Friday is a non-business day, it shall be the preceding business day. The same shall apply hereinafter. - When Wednesday is a non-business day, it shall be the preceding business day. The same shall apply hereinafter. Nikkei 225 mini Options Contract Months |
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Strike Prices | Initial and Additional Setting +/- 24 strike prices with JPY 125 interval |
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Last Trading Day | [Friday Expiry Contracts] The business day preceding each Friday. [Wednesday Expiry Contracts] The business day preceding each Wednesday. |
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SQ Day | The business day following the last trading day. | ||||||||||||||
Contract Unit | Option price × JPY 100 | ||||||||||||||
Tick Size |
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Price Limits |
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Circuit Breaker Rule (SCB) | Price Limits/ Circuit Breaker Rule | ||||||||||||||
Strategy Trades | Unavailable | ||||||||||||||
J-NET Trading | Available (Tick size: JPY 0.0001, Minimum trading unit: 10 unit) J-NET Trading |
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Flexible Options Trading | Unavailable | ||||||||||||||
Holiday Trading | Available Holiday Trading |
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Settlement |
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Margin | Calculated by VaR Method Margin Calculation Method (VaR Method) for Futures and Options (JSCC) |
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Settlement method |
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Give-Up | Available Give-Up System | ||||||||||||||
Position-Transfer | Available Position Transfer System(JSCC) |