Asset Class Navigation

Natural Gas Options (American) Contract Specs

Options
Contract Unit A Henry Hub Natural Gas Put (Call) Option traded on the Exchange represents an option to assume a short (long) position in the underlying Henry Hub Natural Gas Futures traded on the Exchange.
Minimum Price Fluctuation $0.001 per MMBtu
Price Quotation U.S. dollars and cents per mmBtu
Trading Hours CME Globex: Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)
CME ClearPort: Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)
Product Code CME Globex: ON
CME ClearPort: ON
Clearing: ON
Listed Contracts Monthly contracts listed for the current year and the next 12 calendar years. Monthly contracts for a new calendar year will be added following the termination of trading in the December contract of the current year.
Termination Of Trading Trading terminates on the business day immediately preceding the expiration of the underlying futures contract.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 370
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing
Strike Prices Strike Price Interval Strike Price Listing Procedures Table
Exercise Style American
Settlement Method Deliverable
Underlying Natural Gas (Henry Hub) Physical Futures