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PJM Northern Illinois Hub Real-Time Peak Calendar-Month 5 MW Options Contract Specs

Contract Unit 5 MW
Minimum Price Fluctuation $0.01 per megawatt hour
Price Quotation U.S. dollars and cents per megawatt hour
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: OUA
CME ClearPort: OUA
Clearing: OUA
Listed Contracts Monthly contracts listed for the current year plus the next 4 calendar years. 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 on the 2nd business day before the contract month
Exchange Rulebook NYMEX 1270
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 Northern Illinois Hub 5 MW Peak Calendar-Month Real-Time LMP Futures