Notice to Members
Notice No. 263
09/26/2002
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: Tuesday, October 1, 2002 (close of business)

Products: Heating Oil and Unleaded Gasoline Calendar Spread Options

Currently the spot month for the above referenced contracts is November 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
FAX02 GHX02 1 400
FAZ02 GHZ02 2 250
FAF03 GHF03 2 250
FAG03 GHG03 2 250
FAH03 GHH03 2 250
FAJ03 GHJ03 2 250
FAK03 GHK03 3 150
FAM03 GHM03 3 150
FAN03 GHN03 3 150
FAQ03 GHQ03 3 150
FAU03 GHU03 3 150
FAV03 GHV03 3 400
FBX03 GHX02 1 250
FBZ03 GHZ02 2 400
 
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com