Crude Oil Option Semi-Annual Strip Option Contract Specs

Contract Unit	1,000 barrels
Minimum Price Fluctuation	0.01 per barrel = $10.00
Price Quotation	U.S. dollars and cents per barrel
Trading Hours	Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)
Product Code	CME Globex: AAO CME ClearPort: AO Clearing: AO
Listed Contracts	Monthly contracts listed for the current year and the next 8 calendar years. Add monthly contracts for a new calendar year following the termination of trading in the December contract of the current year.
Termination Of Trading	Trading terminates on the last business day of the calendar month.
Position Limits	NYMEX Position Limits
Exchange Rulebook	NYMEX 341
Vendor Codes	Quote Vendor Symbols Listing
Strike Price Listing Procedures	Strike Price Listing and Exercise Procedures Table
Exercise Style	European
Settlement At Expiration	Trading ends the last business day of the calendar month.
Settlement Method	Financially Settled
Underlying	WTI Financial Futures

Contract Unit	6 consecutive futures beginning with the underlying month of the option contract.
Minimum Price Fluctuation	$0.01 per barrel
Price Quotation	U.S. Dollars and Cents per Barrel
Trading Hours	Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. Chicago Time/CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)
Product Code	CME Globex: 6Y CME ClearPort: 6Y Clearing: 6Y
Listed Contracts	Semi-annual contracts listed for 5 consecutive years
Termination Of Trading	Trading terminates on the last business day of the month prior to the contract month
Position Limits	NYMEX Position Limits
Exchange Rulebook	NYMEX 1244
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 (Exercise only on Expiration)
Settlement Method	Deliverable
Underlying	WTI Financial Futures

Contract Unit	1,000 barrels
Minimum Price Fluctuation	0.01 per barrel = $10.00
Price Quotation	U.S. dollars and cents per barrel
Trading Hours	Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)
Product Code	CME Globex: A6F CME ClearPort: 6F Clearing: 6F
Listed Contracts	Annual contracts (January) listed for 5 consecutive years.
Termination Of Trading	Trading terminates on the last business day of the month prior to the first leg of the underlying strip.
Position Limits	NYMEX Position Limits
Exchange Rulebook	NYMEX 357
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	Deliverable
Underlying	WTI Financial Futures

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