Notice to Members
Notice No. 264 09/26/2002
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: Friday, September 27, 2002 (close of business) Products: Natural Gas Calendar Spread Options Currently the spot month for the above referenced contract is November 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 IAX02 DGX02 1 500 IAZ02 DGZ02 2 250 IAF03 DGF03 3 250 IAG03 DGG03 3 250 IAH03 DGH03 3 250 IAJ03 DGJ03 3 250 IAK03 DGK03 4 250 IAM03 DGM03 4 250 IAN03 DGN03 4 250 IAQ03 DGQ03 4 250 IAU03 DGU03 4 250 IAV03 DGV03 4 250 IBX02 DJX02 1 500 IBZ02 DJZ02 2 250 ICX02 DSX02 1 500 Should you have any questions regarding these changes, please contact Arthur McCoy at (212) 299-2928 or Joe Sanguedolce at (212) 299-2855. 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