CHICAGO ETHANOL (PLATTS) CALENDAR SPREAD OPTION - ONE MONTH - CONTRACT SPECS

Options
Contract Unit 42,000 gallons
Minimum Price Fluctuation CME Globex: 0.00025 per gallon = $10.50
CME ClearPort: 0.00005 per gallon = $2.10
Price Quotation U.S. dollars and cents per Gallon
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: CE1
CME ClearPort: CE1
Clearing: CE1
Listed Contracts 1-month spreads listed for 34 consecutive months
Termination Of Trading Trading terminates on the last business day of the month prior to the first leg of the underlying spread.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 420
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing
Strike Price Listing Procedures Strike Price Listing and Exercise Procedures Table
Settlement Method Deliverable