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Mont Belvieu Natural Gasoil 5 DL Options Contract Specs

Options
Contract Unit A Mont Belvieu Natural Gasoline (OPIS) Average Price Call Option traded on the Exchange represents the differential between the final settlement price of the underlying Mont Belvieu Natural Gasoline (OPIS) Futures less the strike price, or zero, whichever is greater, multiplied by 42,000 gallons. A Mont Belvieu Natural Gasoline (OPIS) Average Price Put Option represents the differential between the strike price and the final settlement price of the underlying Mont Belvieu Natural Gasoline (OPIS) Futures, or zero, whichever is greater, multiplied by 42,000 gallons.
Minimum Price Fluctuation $0.00001 per gallon
Price Quotation U.S. dollars and cents per gallon.
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)
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. - 5:15 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)
Product Code CME Globex: A4I
CME ClearPort: 4I
Open Outcry: 4I
Clearing: 4I
Listed Contracts CME Globex: 1 month
CME ClearPort and Open Outcry: Current year and next 3 years
Termination Of Trading Trading shall cease on the last business day of the contract month.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 405A
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing
Strike Prices Strike Price Interval Twenty strike prices in increments of $0.0001 per gallon above and below the at-the-money strike price.
Exercise Style Average Price - non-early exercisable option
Settlement Method Financially Settled
Underlying Mont Belvieu Natural Gasoline (OPIS) Futures