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Chicago Ethanol (Platts) Calendar Spread Option - Six Month Contract Specs

Contract Unit 42,000 Gallons
Minimum Price Fluctuation CME ClearPort and Open Outcry: 0.00005 per gallon = $2.10
CME Globex: 0.00025 per gallon = $10.50
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. 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: CE6
CME ClearPort: CE6
Clearing: CE6
Listed Contracts Monthly contracts listed for 7 consecutive months.
Termination Of Trading Trading terminates on the last business day of the month immediately preceding the first expiring underlying futures contract month in the 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
Exercise Style European
Settlement Method Deliverable