Asset Class Navigation

PJM AEP Dayton Hub Peak 50 MW Calendar-Month LMP Option Contract Specs

Options
Contract Unit 50 MW (1 option exercises into 10 PJM AEP Dayton Hub Peak Calendar-Month LMP Futures)
Minimum Price Fluctuation 0.01 per megawatt hour
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: JDA
CME ClearPort: PJD
Clearing: PJD
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 termination of trading in the December contract of the current year.
Termination Of Trading Trading terminates 2 business days prior to the start of contract month.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 1181
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing
Strike Price Listing Procedures Strike Price Listing and Exercise Procedures Table
Exercise Style American
Settlement Method Deliverable
Underlying PJM AEP Dayton Hub 5MW Peak Calendar-Month Real-Time LMP Futures