Notice to Members
Notice No. 324 08/27/2004
Expansion of Trading Months for Crude Oil Calendar Spread Options
Please be advised that beginning Monday, August 30, 2004, the Exchange will list an additional expiration month on its Crude Oil Calendar Spread Option Contracts. Beginning that day, there will be an option listed on the spread between the third nearby June Futures and the fourth nearby December futures. As of this date, Crude Oil Calendar Spread Options will be listed on all adjacent June-December and December-June spreads through December 2007. Under current listings, this will involve options on the spread between the June 2007 and December 2007 Crude Oil contracts. This will be in addition to the current listings of 25 consecutive options on one-month spreads. The Options on Spreads between the first and third nearby months, the first and fourth nearby months, and the second and fourth nearby months, as well as all adjacent June - December and December - June, and the first nearby March - second nearby March, the first nearby June - second nearby June, the first nearby September - second nearby September, and all one year December spread options will continue to be listed for Crude Oil Calendar Spread Options.
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com