Notice to Members
Notice No. 189
6/28/2002
NYMEX Division Span Parameters for Heating Oil and Unleaded Gasoline Calendar Spread Options
Below NYMEX Division SPAN parameters for Heating Oil and Unleaded Gasoline Calendar Spread Options are provided. These parameters are updated monthly upon spot month termination.

Effective Date: Monday, July 1, 2002 (close of business)
Products: Heating Oil and Unleaded Gasoline Calendar Spread Options


Currently the spot month for the above referenced contracts is August 2002. Accordingly, the futures scan ranges that establish maximum short option margin for Heating Oil Calendar Spread options are:

Regular Option Symbol
Synthetic Futures Symbol
Intra-Commodity Spread Tier
Scan Range
FAQ02 GHQ02 1 400
FAU02 GHU02 2 250
FAV02 GHV02 2 250
FAX02 GHX02 2 250
FAZ02 GHZ02 2 250
FAF03 GHF03 2 250
FAG03 GHG03 3 150
FAH03 GHH03 3 150
FAJ03 GHJ03 3 150
FAK03 GHK03 3 150
FAM03 GHM03 3 150
FAN03 GHN03 3 150
FBQ02 GKQ02 1 400
FBU02 GKU02 2 250
FCQ02 GMQ02 1 400


The futures scan ranges that establish maximum short option margin for Unleaded Gasoline Calendar Spread options are:

Regular Option Symbol
Synthetic Futures Symbol
Intra-Commodity Spread Tier
Scan Range
YAQ02 EBQ02 1 500
YAU02 EBU02 2 300
YAV02 EBV02 2 300
YAX02 EBX02 2 300
YAZ02 EBZ02 2 300
YAF03 EBF03 2 300
YAG03 EBG03 3 200
YAH03 EBH03 3 200
YAJ03 EBJ03 3 200
YAK03 EBK03 3 200
YAM03 EBM03 3 200
YAN03 EBN03 3 200
YBQ02 EGQ02 1 500
YBU02 EGU02 2 300
YCQ02 EKQ02 1 300


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