Wild card option - The right of the seller of a Treasury Bond futures contract to give notice of intent to deliver at or before 8:00 p.m. Chicago time after the closing of the exchange (3:15 p.m. Chicago time) when the futures settlement price has been fixed. Related: Timing option.
Wild card option : the right of the seller of a treasury bond futures contract to give notice of intent to deliver at or before 8:00 p.m. chicago time after the closing of the exchange (3:15 p.m. chicago time) when the futures settlement price has been fixed. related: timing option.