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European-Style Low Sulphur Gasoil Options Contract Specs

Options
Contract Unit A long call option will be financially settled by adding the settlement price for the same delivery month of the European Low Sulphur Gasoil Bullet Futures less the strike price multiplied by 1,000 metric tons, or zero, whichever is greater. A long put will be financially settled by subtracting the settlement price from the strike price for the same delivery month of European Low Sulphur Gasoil Bullet Futures multiplied by 1,000 metric tons, or zero, whichever is greater.
Minimum Price Fluctuation $0.01 per metric ton
Price Quotation U.S. dollars and cents per metric ton.
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: F8
CME ClearPort: F8
Clearing: F8
Listed Contracts Monthly contracts listed for the current year and the next 2 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 at the close of trading 4 business days prior to the expiration of the underlying European Gasoil Bullet Swap contract.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 747
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing
Strike Price Listing Procedures Strike Price Listing and Exercise Procedures Table
Exercise Style European
Settlement Method Financially Settled
Underlying European Low Sulphur Gasoil (1000mt) Bullet Futures