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Brent Crude Oil Calendar Spread Quarterly Strip Options Contract Specs

Options
Contract Unit 3 consecutive futures beginning with the underlying month of the option contract.
Minimum Price Fluctuation $0.01 per barrel
Price Quotation U.S. Dollars and Cents per barrel
Trading Hours CME Globex: Sunday - Friday  5:00 p.m. - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. CT
CME ClearPort: Sunday - Friday  5:00 p.m. - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. CT
Open Outcry: Monday - Friday  8:00 a.m. - 1:30 p.m. CT
Product Code CME Globex: BQP
CME ClearPort: BQP
Open Outcry: BQP
Clearing: BQP
Listed Contracts Quarterly contracts listed fos 4 consecutive quarters
Termination Of Trading Trading terminates 1 business day prior to the first contract of the underlying future.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 827
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing
Strike Price Listing Procedures  Strike Price Listing Procedures Table
Exercise Style European (Exercise only on Expiration)
Settlement Method Deliverable
Underlying Brent Financial Futures