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Palladium Options Contract Specs

Contract Unit One NYMEX Palladium Futures
Minimum Price Fluctuation $0.10 per troy ounce
Price Quotation U.S. dollars and cents per troy ounce.
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: PAO
CME ClearPort: PAO
Clearing: PAO
Listed Contracts Monthly contracts listed for 3 consecutive months plus the next 3 contracts in the March, June, September, December cycle.
Termination Of Trading Trading terminates on the third Wednesday of the month preceding the option contract month at 1:00 p.m. (12:00 p.m. CT). In the event that such business day precedes an Exchange holiday, the expiration date shall be the preceding business day.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 119
Block Minimum Block Minimum Thresholds
Price Limit Or Circuit Price Limits
Vendor Codes Quote Vendor Symbols Listing
Strike Price Listing Procedures Strike Price Listing and Exercise Procedures Table
Exercise Style American
Settlement Method Deliverable
Underlying Palladium Futures