Soybean oil futures tick value
Soybean Options on Futures Contracts Explained. A soybean call option gives the purchaser the right but not the obligation to purchase the underlying futures contract for a specific time period and a specific price (strike price). Let's say that you wanted to purchase a May soybean $10.50 call option and pay a premium of $1,200. Daily Price Limit. 2.5 cents per pound ($1,500/contract) above or below the previous day's settlement price. No limit in the spot month (limits are lifted beginning on First Position Day). Margin Information. Find information on margins requirements for the Soybean Oil Futures.