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MISO Indiana Hub (formerly Cinergy Hub) Real-Time Peak 5 MW Calendar Strip Option Contract Specs

Contract Unit 5 MW (80 MWh)                  
5 MW x 16 peak hours = 80 MWh
Clears in multiples of the number of peak days in the strip of months.
Minimum Price Fluctuation 0.01 x 5 MW x 16 peak hours x # peak days/strip of months
Price Quotation U.S. dollars and cents per MWh
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: OEA
CME ClearPort: OEA
Clearing: OEA
Listed Contracts Annual contracts (January) listed for 5 consecutive years
Termination Of Trading Trading terminates on the 2nd last Friday of the month prior to the first leg in the underlying strip. If the second last Friday is not a business day, trading terminates on the prior business day.
Exchange Rulebook NYMEX 1180
Vendor Codes Quote Vendor Symbols Listing
Strike Price Listing Procedures Strike Price Listing and Exercise Procedures Table
Exercise Style European
Settlement Method Deliverable
Underlying MISO Indiana Hub (formerly Cinergy Hub) 5 Month Peak Calendar-Month Real-Time Futures