Asset Class Navigation

Crude Oil Calendar Strip Options Contract Specs

Options
Contract Unit 12 consecutive underlying futures, (January through December).
Minimum Price Fluctuation $0.01 per barrel
Price Quotation U.S. dollars and cents per barrel.
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: A6F
CME ClearPort: 6F
Clearing: 6F
Listed Contracts Annual contracts listed for 5 consecutive years.
Termination Of Trading Trading terminates 1 business day prior to the delivery month of the first underlying Crude Oil Calendar Swap Futures (CS) contract.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 357
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing
Strike Price Listing Procedures Strike Price Listing and Exercise Procedures Table
Exercise Style European (Exercise only on Expiration)
Settlement Method Deliverable
Underlying WTI Financial Futures