LLS (ARGUS) VS. WTI TRADE MONTH AVERAGE PRICE OPTION - CONTRACT SPECS
| Contract Unit | 1,000 Barrels | ||||
| Minimum Price Fluctuation | $0.01 per Barrel | ||||
| Price Quotation | U. S. Dollars and Cents per Barrel | ||||
| Trading Hours | Sunday - Friday 5:00 p.m. - 4:00 p.m. (6:00 p.m. - 5:00 p.m. ET) with a 60-minute break each day beginning at 4:00 p.m. (5:00 p.m. ET) | ||||
| Product Code | CME Globex: E5OCME ClearPort: E5OClearing: E5O | ||||
| Listed Contracts | Monthly contracts listed for the current year and the next 5 calendar years. Monthly contracts for a new calendar year will be added following the terminatrion of trading in the December contract of the current year. | ||||
| Termination Of Trading | Trading terminates on the 25th calendar day of the month prior to the contract month. If the 25th calendar day is not a business day, trading terminates on the first business day prior to the 25th calendar day. | ||||
| Position Limits | NYMEX Position Limits | ||||
| Exchange Rulebook | NYMEX 1126 | ||||
| Block Minimum | Block Minimum Thresholds | ||||
| Vendor Codes | Quote Vendor Symbols Listing | ||||
| Strike Price Listing Procedures | Strike Price Listing and Exercise Procedures Table | ||||
| Exercise Style | European | ||||
| Settlement Method | Financially Settled | ||||
| Underlying | Argus LLS vs. WTI (Argus) Trade Month Futures | ||||
Quick Links
Other Energy Products
Tools
Email Subscriptions
- Natural Gas
- Crude Oil
Essentials
Contact Us
© 2021 CME Group Inc. All rights reserved.