Brent Crude Oil (Futures-Style Margin) Options BZO

With futures-style Brent options now available on NYMEX, you can trade the Brent options you know on the marketplace you trust.

A Primer on Margining Styles for Options

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Energy Team

  • Futures-style margined options premium is not paid until exercise or expiration
  • Margining style matches the prevailing Brent market convention
  • Fee waiver on BZO through the end of 2016
  • Further capital efficiencies for customers who trade energy products on NYMEX
  • Plain vanilla monthly option
  • American-style option
  • Exercises into BZ futures
  • Futures-style margining
  • 25 lot block threshold

Product Codes

  CME Globex CME ClearPort Bloomberg TT
Brent Crude Oil Futures-Style Margin Option BZO BZO BZI BZO

Expiration Calendar

Contract Month Product Code Frist Trade/Last Trade Settlement
Jun 2016 BZOM16 12 Oct 2015 / 26 Apr 2016 26 Apr 2016
Jul 2016 BZON16 12 Oct 2015 / 25 May 2016 25 May 2016
Aug 2016 BZOQ16 12 Oct 2015 / 27 Jun 2016 27 Jun 2016
Sep 2016 BZOU16 12 Oct 2015 / 26 Jul 2016 26 Jul 2016
Oct 2016 BZOV16 12 Oct 2015 / 25 Aug 2016 25 Aug 2016
Nov 2016 BZOX16 12 Oct 2015 / 27 Sep 2016 27 Sep 2016
Dec 2016 BZOZ16 12 Oct 2015 / 26 Oct 2016 26 Oct 2016
Jan 2017 BZOF17 12 Oct 2015 / 25 Nov 2016 25 Nov 2016