Notice to Members
Notice No. 187
06/26/2002
NYMEX Division Span Parameters for Natural Gas Calendar Spread Options
Below NYMEX Division SPAN parameters for Natural Gas Calendar Spread Options are provided. These parameters are updated monthly upon spot month termination.

Effective Date: Wednesday, June 26, 2002 (close of business)
Products: Natural Gas Calendar Spread Options
Currently the spot month for the above referenced contract is August 2002. Accordingly, the futures scan ranges that establish maximum short option margin for Natural Gas Calendar Spread options are:

Regular Option Symbol
Synthetic Futures Symbol
Intra-Commodity Spread Tier
Scan Range
IAQ02 DGQ02 1 500
IAU02 DGU02 2 250
IAV02 DGV02 3 250
IAX02 DGX02 3 250
IAZ02 DGZ02 3 250
IAF03 DGF03 3 250
IAG03 DGG03 4 250
IAH03 DGH03 4 250
IAJ03 DGJ03 4 250
IAK03 DGK03 4 250
IAM03 DGM03 4 250
IAN03 DGN03 4 250
IBQ02 DJQ02 1 500
IBU02 DJU02 2 250
ICQ02 DSQ02 1 500


This notice supercedes all previous notices regarding NYMEX Division SPAN parameters for Natural Gas Calendar Spread Option contracts.
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com