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CAISO SP15 EZ Gen Hub 5 MW Peak Calendar-Month Day-Ahead LMP Swap Options
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Type
 
CAISO SP15 EZ Gen Hub 5 MW Peak Calendar-Month Day-Ahead LMP Swap Option
Underlying Futures CAISO SP15 EZ Hub 5 MW Peak Calendar-Month Day-Ahead LMP Swap Futures (9X)
Product Symbol CSZ
Venue CME ClearPort, Open Outcry (New York)
Hours
(All Times are New York Time/ET)		 CME ClearPort: Sunday – Friday 6:00 p.m. – 5:15 p.m. (5:00 p.m. – 4:15 p.m. Chicago Time/CT) with a 45-minute break each day beginning at 5:15 p.m. (4:15 p.m. CT)
Open Outcry: Monday – Friday 9:00 AM to 2:30 PM (8:00 AM to 1:30 PM CT)
Contract Unit 80 Megawatt hours (MWh) (5 MW per peak hour). Transaction sizes for trading in any delivery month shall be restricted to whole number multiples of the number of peak days in the contract month.
Price Quotation U.S. dollars and cents per MWh
Option Style American
Minimum Fluctuation $0.01 per MWh
Expiration of Trading Second business day prior to the contract month.
Listed Contracts Current year plus next 2 full years
Strike Prices Five strike prices in increments of $.50 per MWh above and below the at-the-money strike price for a total of at least 11 strike prices. Strike price boundaries are adjusted according to futures price movements.
Settlement Type Execise into Futures
Position Limits NYMEX Position Limits
Rulebook Chapter 1068
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of NYMEX.