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Western Canadian Select (WCS) Crude Oil Option Contract Specs

Options
Contract Unit A Western Canadian Select (WCS) Crude Oil Call Option traded on the Exchange represents an option to assume a long position in the underlying Western Canadian Select (WCS) Crude Oil futures contract at the strike price. A Western Canadian Select (WCS) Crude Oil Put Option traded on the Exchange represents an option to a short position in the underlying Western Canadian Select (WCS) Crude Oil futures contract at the strike price.
Minimum Price Fluctuation $0.01 per barrel
Price Quotation U.S. dollars and cents per barrel.
Trading Hours CME Globex: 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)
Open Outcry: Monday - Friday 9:00 a.m. - 2:30 p.m. New York time/ET (8:00 a.m. - 1:30 p.m. Chicago Time/CT)
CME ClearPort: 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: WCO
CME ClearPort: WCO
Open Outcry: WCO
Clearing: WCO
Listed Contracts Monthly contracts listed for 24 consecutive months.
Termination Of Trading Trading terminates at the close of trading 3 business days prior to the expiration of the underlying Western Canadian Select (WCS) Crude Oil futures contract.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 1212
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing
Strike Price Listing Procedures  Strike Price Listing Procedures Table
Exercise Style American
Settlement Method Deliverable
Underlying Western Canadian Select (WCS) Crude Oil Futures