Natural Gas Calendar Strip Options Contract Specs

Contract Unit	10,000 MMBtu
Minimum Price Fluctuation	0.0001 per MMBtu = $1.00
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: A6J CME ClearPort: 6J Clearing: 6J
Listed Contracts	Annual contracts (January) listed for 11 consecutive years
Termination Of Trading	Trading terminates 3 business days prior to the termination of trading in the first leg of the underlying strip.
Position Limits	NYMEX Position Limits
Exchange Rulebook	NYMEX 351
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

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

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: A6I CME ClearPort: 6I Clearing: 6I
Listed Contracts	10 consecutive winter strips (November - March)
Termination Of Trading	Trading terminates 3 business days prior to the termination of trading of the first leg in the underlying strip.
Position Limits	NYMEX Position Limits
Exchange Rulebook	NYMEX 353
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

Quick Links

Other Energy Products

Tools

Essentials

Contact Us

Energy@cmegroup.com

CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs).
Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.

All Products Home

Market Data Home

Clearing Home

Technology Home

Education Home