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PJM Western Hub Real-Time Peak 5 MW Calendar Strip Options Contract Specs

Options
Contract Unit 5 MW
Minimum Price Fluctuation $0.01 per megawatt hour
Price Quotation U.S. dollars and cents per megawatt hour
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: 6OA
CME ClearPort: 6OA
Clearing: 6OA
Listed Contracts 3 one-year strips (January contracts). Add a new strip when the nearby December contract of L1 terminates.
Termination Of Trading Trading terminates on the 2nd to last Friday of the month prior to the first underlying futures contract. If the second to last Friday is an Exchange holiday, expiration will occur on the business day immediately preceding that day.
Exchange Rulebook NYMEX 1178
Vendor Codes Quote Vendor Symbols Listing
Strike Price Listing Procedures Strike Price Listing and Exercise Procedures Table
Exercise Style European
Settlement Method Deliverable
Underlying PJM Western Hub Peak Calendar-Month Real-Time LMP Futures