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Coal (API 8) cfr South China (Argus/McCloskey) Quarterly Options Contract Specs

Contract Unit 3 consecutive futures beginning with the underlying month of the option contract (each future is 1,000 metric tons, 3,000 metric tons in total)
Minimum Price Fluctuation $0.01 per metric ton
Price Quotation U.S. dollars and cents per metric ton
Trading Hours Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. Chicago Time/CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)
Product Code CME Globex: A84
CME ClearPort: A84
Clearing: A84
Listed Contracts Quarterly contracts listed for current year and next calendar year.
Termination Of Trading Trading terminates 30 calendar days prior to the first calendar day of the first month in the strip. If such day is not a UK business day, trading terminates on the first preceding UK business day. Last trade to be accepted at 5:00pm London time.

Options will be auto-exercised by the Exchange with reference to end of day prices published by the London Energy Brokers’ Association (‘LEBA’) on the expiration day. Contra-instructions may be submitted up to 6:00pm London time, or 15 minutes after the publication of the LEBA reference price, whichever is later.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 1121
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing
Strike Price Listing Procedures Strike Price Listing and Exercise Procedures Table
Settlement Method Deliverable
Underlying Coal (API 8) cfr South China (Argus/McCloskey) Futures