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Short-Term Crude Oil (WTI) Options
Flexibility. Expanded trading opportunities. And a means of quick action in the face of world events and weather anomalies. You get all this — and more — with new Short-Term Options on WTI futures.
Contracts are available on each of five business days ahead, allowing risk mitigation for factors such as economic announcements, short-term market volatility, storage numbers and inter and intra product hedging.
Short-term options on crude oil provide:
- A low cost, short-term option solution that can target specific nearby points
- Daily expiration for up to five business days forward following the first cycle week
- Alignment with standard strike prices and the standard front month futures contract
- Financial settlement
Key Facts
- Available for trading on CME Globex and the NY trading floor
- Clearing through CME ClearPort
- European-style expiration
- As each Short-Term Options contract expires, a new contract will be listed with a five-business-day expiration schedule. There are no short-term expirations on the day a monthly options contract expires or on holidays.
WTI Market Outlook Video |
Resources |
Contact |
|---|---|---|
|
Market Outlook: Light Sweet Crude Oil (March 2011) |
|
Mark Horowitz |
