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Henry Hub Natural Gas Quadultimate Options Contract Specs

Contract Unit A Henry Hub Natural Gas Quadultimate Put (Call) Option traded on the Exchange represents an option to assume a short (long) position in the underlying Henry Hub Natural Gas Futures traded on the Exchange.
Price Quotation U.S. dollars and cents per MMBtu.
Trading Hours CME Globex: Sunday - Friday 6:00 p.m. - 5:15 p.m. New York time/ET (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)
CME ClearPort: Sunday - Friday 6:00 p.m. - 5:15 p.m. New York time/ET (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 a.m. - 2:30 p.m. New York time/ET (8:00 a.m. - 1:30 p.m. Chicago Time/CT)
Minimum Price Fluctuation $0.0001 per MMBtu
Product Code CME Globex: HHQ
CME ClearPort: HHQ
Open Outcry: HHQ
Clearing: HHQ
Listed Contracts CME Globex: 1 month
CME ClearPort and Open Outcry: Consecutive months for the balance of the current year plus 12 additional years.
Settlement Method Deliverable
Termination Of Trading The option contract shall expire three business days prior to the termination of the underlying Natural Gas Futures contract.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 374
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing