Effective Sunday, October 11, 2009 (trade date Monday, October 12), the listing rule for COMEX Gold Options strike prices will be revised to list additional strike prices for all trading months.
The Exchange will change the strike price to $5.00 increments for all trading months on all venues regardless of the level of the underlying futures prices. Currently, the strike price interval is dependent on futures price levels as follows: $5.00 if futures prices are under $500; $10.00 if futures prices are between $500 and $1,000; and $25.00 for futures prices above $1,000.
In addition, the strike price listing will be expanded from six to twenty strike prices above and below the at-the-money option for the trading floor and Globex®. For options to be cleared through CME Group ClearPort®, besides regular listing, strikes can be added on an as needed basis.
Please contact Market Data Operations (MDO) at email@example.com, if you have any questions concerning this notice.