Effective on trade date Friday, February 26, 2020, the New York Mercantile Exchange, Inc. (“NYMEX” or “Exchange”) will amend the title, style, underlying futures, strike price listing, and expiration to the WTI Houston vs. WTI Trade Month Average Price Option and the WTI Houston vs. Brent Trade Month Average Price Option contracts (the “Contracts”) as noted in the table below and in Exhibit C of NYMEX Submission No. 20-106. Additionally, the Exchange is removing the diminishing balance for the Contracts as they are no longer average price option contracts. Please note that the contracts have zero open interest and the change will be made effective with the April 2020 contract month and beyond.
For the full text of this notice, please see the link attached below.