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Natural Gas Summer Strip Option Contract Specs

Contract Unit 2,500 MMBtu
Minimum Price Fluctuation 0.0001 per MMBtu = $0.25
Price Quotation U.S. dollars and cents per MMBtu
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: A4D
CME ClearPort: 4D
Clearing: 4D
Listed Contracts Seasonal strips listed for 10 consecutive Summers (Apr.-Oct.)
Termination Of Trading Trading terminates 3 business day prior to the termination of trading in the first leg of the underlying strip.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 352
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
Underlying Henry Hub Natural Gas Last Day Financial Futures