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European Low Sulphur Gasoil Calendar (1 month) Spread Options Contract Specs

Options
Contract Unit A European Low Sulphur Gasoil Calendar Spread Put Option contract traded on the Exchange represents an option to assume a short position in the first expiring European Low Sulphur Gasoil Bullet Futures (BG) contract in the spread and a long position in the second expiring European Low Sulphur Gasoil Bullet Futures (BG) contract in the spread traded on the Exchange. A European Low Sulphur Gasoil Calendar Spread Call Option represents an option to assume a long position in the first expiring European Low Sulphur Gasoil Bullet Futures (BG) contract in the spread and a short position in the second expiring European Low Sulphur Gasoil Bullet Futures (BG) contract in the spread traded on the Exchange.
Minimum Price Fluctuation $0.01 per metric ton
Price Quotation U.S. dollars and cents per metric ton
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)
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)
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)
Product Code CME Globex: GXA
CME ClearPort: GXA
Open Outcry: GXA
Clearing: GXA
Listed Contracts Monthly contracts listed for 34 consecutive months.
Termination Of Trading Trading terminates on the business day immediately preceding the expiration of the first expiring futures contract in the spread.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 552
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing
Strike Price Listing Procedures Strike Price Listing Procedures Table
Exercise Style European
Settlement Method Deliverable
Underlying European Low Sulphur Gasoil (1000mt) Bullet Futures