CME Group announced significant enhancements to its XRP options trading starting March 2, 2026. The upgrade expands strike price coverage across all product types—standard, micro, and weekly contracts.

Here's what's changing: Strike prices will now extend up to 200% above and 75% below the current market price, with $0.10 increments across the board. For contracts with less than 60 days remaining until expiration, traders get additional strike flexibility to fine-tune their positions.

This move reflects growing demand from XRP traders seeking more granular risk management tools. Whether you're hedging short-term volatility or executing precision strategies, the expanded strike range gives you more options to work with. The consistent $0.10 spacing keeps execution straightforward while the extended coverage—from deep out-of-the-money to far in-the-money strikes—accommodates everything from aggressive speculation to conservative protection.