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PJM JCPL Zone Peak Calendar-Month Day-Ahead LMP Option Contract Specs

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Contract Unit One PJM JCPL Zone Peak Calendar-Month Day-Ahead LMP Futures
Minimum Price Fluctuation $0.01 per megawatt hour
Price Quotation U.S. dollars and cents per MWh.
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: JAC
CME ClearPort: JCL
Open Outcry: JCL
Clearing: JCL
Listed Contracts Monthly contracts listed for the current year and the next 5 calendar years. Monthly contracts for a new calendar year will be added following the termination of trading in the December contract of the current year.
Termination Of Trading Trading terminates on the 2nd to last business day of the calendar month prior to the contract month
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 923
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 PJM JCPL Zone Peak Calendar-Month Day-Ahead LMP Futures