Notice to Members
Notice No. 72 02/11/2003
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, February 11, 2003 (close of business) Products: Heating Oil and Unleaded Gasoline Calendar Spread Options Currently the spot month for the above referenced contracts is March 2003. Accordingly, the futures scan ranges that establish maximum short option margin for Heating Oil Calendar Spread options are: Regular Option Synthetic Futures Symbol Intra-Commodity Spread Tier Scan Range Symbol       FAH03 GHH03 1 400 FAJ03 GHJ03 2 250 FAK03 GHK03 2 250 FAM03 GHM03 2 250 FAN03 GHN03 2 250 FAQ03 GHQ03 2 250 FAU03 GHU03 3 150 FAV03 GHV03 3 150 FAX03 GHX03 3 150 FAZ03 GHZ03 3 150 FAF04 GHF04 3 150 FAG04 GHG04 3 150 FBH03 GKH03 1 400 FBJ03 GKJ03 2 250 FCH03 GMH03 1 400 The futures scan ranges that establish maximum short option margin for Unleaded Gasoline Calendar Spread options are: Regular Option Synthetic Futures Symbol Intra-Commodity Spread Tier Scan Range Symbol       YAH03 EBH03 1 500 YAJ03 EBJ03 2 300 YAK03 EBK03 2 300 YAM03 EBM03 2 300 YAN03 EBN03 2 300 YAQ03 EBQ03 2 300 YAU03 EBU03 3 200 YAV03 EBV03 3 200 YAX03 EBX03 3 200 YAZ03 EBZ03 3 200 YBH03 EGH03 1 500 YBJ03 EGJ03 2 300 YCH03 EKH03 1 500 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