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Western Canadian Select Oil (Net Energy) Monthly Index Average Price Option Contract Specs

Options
Contract Unit 1,000 barrels
Minimum Price Fluctuation 0.001 per barrel = $1.00
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: WCI
CME ClearPort: WCI
Clearing: WCI
Listed Contracts Monthly contracts listed for 36 consecutive months
Termination Of Trading Trading terminates 1 Canadian business day prior to the Notice of Shipments (NOS) date on the Enbridge Pipeline. The NOS date occurs on or about the 20th calendar day of the month prior to the contract month. Enbridge publishes the official NOS dates.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 1151
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 Western Canadian Select Oil (Net Energy) Monthly Index Futures