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Contract Unit | 10,000 MMBtu | ||||
Minimum Price Fluctuation | 0.001 per MMBtu = $10.00 | ||||
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: ONCME ClearPort: ONClearing: ON | ||||
Listed Contracts | Monthly contracts listed for the current year and the next 12 calendar years. Add onthly contracts for a new calendar year following the termination of trading in the December contract of the current year. | ||||
Termination Of Trading | Trading terminates on the 4th last business day of the month prior to the contract month. | ||||
Position Limits | NYMEX Position Limits | ||||
Exchange Rulebook | NYMEX 370 | ||||
Block Minimum | Block Minimum Thresholds | ||||
Vendor Codes | Quote Vendor Symbols Listing | ||||
Strike Price Listing Procedures | Strike Price Listing and Exercise Procedures Table | ||||
Exercise Style | American | ||||
Settlement Method | Deliverable | ||||
Underlying | Henry Hub Natural Gas Futures |
Contract Unit | A Henry Hub Natural Gas Calendar Spread Put Option on the Exchange represents an option to assume a short position in the first Expiring Henry Hub Natural Gas Futures in the spread and a long position in the second expiring Henry Hub Natural Gas Futures in the spread on the Exchange. A Henry Hub Natual Gas Calendar Spread Call Option represents an option to assume a long position in the first expiring Henry Hub Naturla Gas Futures in the spread and a short position in the second expiring Henry Hub Natural Gas Futures in the spread traded on the Exchange. | ||||
Minimum Price Fluctuation | $0.001 per MMBtu | ||||
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. 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: IAYCME ClearPort: IAClearing: IA | ||||
Listed Contracts | Monthly contracts listed for 60 consecutive months. | ||||
Termination Of Trading | Trading terminates on the business day immediately preceding the expiration of the first expiring futures contract in the spread | ||||
Position Limits | NYMEX Position Limits | ||||
Exchange Rulebook | NYMEX 391 | ||||
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 | Natural Gas (Henry Hub) Physical Futures |
Contract Unit | A Henry Hub Natural Gas Calendar Spread Put Option on the Exchange represents an option to assume a short position in the first Expiring Henry Hub Natural Gas Futures in the spread and a long position in the second expiring Henry Hub Natural Gas Futures in the spread on the Exchange. A Henry Hub Natual Gas Calendar Spread Call Option represents an option to assume a long position in the first expiring Henry Hub Naturla Gas Futures in the spread and a short position in the second expiring Henry Hub Natural Gas Futures in the spread traded on the Exchange. | ||||
Minimum Price Fluctuation | $0.001 per MMBtu | ||||
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. 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: IBCME ClearPort: IBClearing: IB | ||||
Listed Contracts | Monthly contracts listed for 12 consecutive months. | ||||
Termination Of Trading | Trading terminates on the business day immediately preceding the expiration of the first expiring futures contract in the spread. | ||||
Position Limits | NYMEX Position Limits | ||||
Exchange Rulebook | NYMEX 391 | ||||
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 | Natural Gas (Henry Hub) Physical Futures |
Contract Unit | A Henry Hub Natural Gas Calendar Spread Put Option on the Exchange represents an option to assume a short position in the first Expiring Henry Hub Natural Gas Futures in the spread and a long position in the second expiring Henry Hub Natural Gas Futures in the spread on the Exchange. A Henry Hub Natual Gas Calendar Spread Call Option represents an option to assume a long position in the first expiring Henry Hub Naturla Gas Futures in the spread and a short position in the second expiring Henry Hub Natural Gas Futures in the spread traded on the Exchange. | ||||
Minimum Price Fluctuation | $0.001 per MMBtu | ||||
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. 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: AICCME ClearPort: ICClearing: IC | ||||
Listed Contracts | Monthly contracts listed for 12 consecutive months. | ||||
Termination Of Trading | Trading terminates on the business day immediately preceding the expiration of the first expiring futures contract in the spread. | ||||
Position Limits | NYMEX Position Limits | ||||
Exchange Rulebook | NYMEX 391 | ||||
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 | Natural Gas (Henry Hub) Physical Futures |
Contract Unit | A Henry Hub Natural Gas Calendar Spread Put Option on the Exchange represents an option to assume a short position in the first Expiring Henry Hub Natural Gas Futures in the spread and a long position in the second expiring Henry Hub Natural Gas Futures in the spread on the Exchange. A Henry Hub Natual Gas Calendar Spread Call Option represents an option to assume a long position in the first expiring Henry Hub Naturla Gas Futures in the spread and a short position in the second expiring Henry Hub Natural Gas Futures in the spread traded on the Exchange. | ||||
Minimum Price Fluctuation | $0.001 per MMBtu | ||||
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. 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: IECME ClearPort: IEClearing: IE | ||||
Listed Contracts | Monthly contracts listed for 12 consecutive months. | ||||
Termination Of Trading | Trading terminates on the business day immediately preceding the expiration of the first expiring futures contract in the spread | ||||
Position Limits | NYMEX Position Limits | ||||
Exchange Rulebook | NYMEX 391 | ||||
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 | Natural Gas (Henry Hub) Physical Futures |
Contract Unit | A Henry Hub Natural Gas Calendar Spread Put Option on the Exchange represents an option to assume a short position in the first Expiring Henry Hub Natural Gas Futures in the spread and a long position in the second expiring Henry Hub Natural Gas Futures in the spread on the Exchange. A Henry Hub Natual Gas Calendar Spread Call Option represents an option to assume a long position in the first expiring Henry Hub Naturla Gas Futures in the spread and a short position in the second expiring Henry Hub Natural Gas Futures in the spread traded on the Exchange. | ||||
Minimum Price Fluctuation | $0.001 per MMBtu | ||||
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. 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: IMCME ClearPort: IMClearing: IM | ||||
Listed Contracts | Monthly contracts listed for 12 consecutive months. | ||||
Termination Of Trading | Trading terminates on the business day immediately preceding the expiration of the first expiring futures contract in the spread. | ||||
Position Limits | NYMEX Position Limits | ||||
Exchange Rulebook | NYMEX 391 | ||||
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 | Natural Gas (Henry Hub) Physical Futures |
Contract Unit | A Henry Hub Natural Gas Calendar Spread Put Option on the Exchange represents an option to assume a short position in the first Expiring Henry Hub Natural Gas Futures in the spread and a long position in the second expiring Henry Hub Natural Gas Futures in the spread on the Exchange. A Henry Hub Natual Gas Calendar Spread Call Option represents an option to assume a long position in the first expiring Henry Hub Naturla Gas Futures in the spread and a short position in the second expiring Henry Hub Natural Gas Futures in the spread traded on the Exchange. | ||||
Minimum Price Fluctuation | $0.001 per MMBtu | ||||
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. 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: IZCME ClearPort: IZClearing: IZ | ||||
Listed Contracts | Monthly contracts listed for 60 consecutive months. | ||||
Termination Of Trading | Trading terminates on the business day immediately preceding the expiration of the first expiring futures contract in the spread. | ||||
Position Limits | NYMEX Position Limits | ||||
Exchange Rulebook | NYMEX 391 | ||||
Block Minimum | Block Minimum Thresholds | ||||
Vendor Codes | Quote Vendor Symbols Listing | ||||
Strike Price Listing Procedures | Strike Price Listing Procedures Table | ||||
Exercise Style | European | ||||
Settlement Method | Deliverable | ||||
Underlying | Natural Gas (Henry Hub) Physical Futures |
Contract Unit | 10,000 MMBtu | ||||
Minimum Price Fluctuation | $0.0001 per MMBtu = $10.00 | ||||
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: KDBCME ClearPort: KDClearing: KD | ||||
Listed Contracts | 1 daily contract listed daily | ||||
Termination Of Trading | Trading terminates at the close of business on the contract date. | ||||
Position Limits | NYMEX Position Limits | ||||
Exchange Rulebook | NYMEX 832 | ||||
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 | Financially Settled | ||||
Underlying | Henry Hub Natural Gas Futures |
Contract Unit | On expiration of a call option, the value will be the difference between the settlement price of the underlying Henry Hub Natural Gas Futures and the strike price multiplied by 10,000 MMBtu, or zero, whichever is greater. On exercise of a put option, the value will be the difference between the strike price and the settlement price of the underlying Henry Hub Natural Gas Futures multiplied by 10,000 MMBtu, or zero, whichever is greater. | ||||
Minimum Price Fluctuation | CME Globex: | $0.001 per MMBtu | |||
CME ClearPort: | $0.0001 per MMBtu | ||||
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. 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: LNECME ClearPort: LNClearing: LN | ||||
Listed Contracts | Monthly contracts listed for the current year and the next 12 calendar years. Monthly contracts for 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 business day immediately preceding the expiration of the underlying futures contract. | ||||
Position Limits | NYMEX Position Limits | ||||
Exchange Rulebook | NYMEX 560 | ||||
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 | Financially Settled | ||||
Underlying | Henry Hub Natural Gas Futures |
Contract Unit | The underlying futures spread is defined as the settlement price of the first nearby underlying Natural Gas futures contract less the settlement price of the second nearby Natural Gas futures contract. A Henry Hub Natural Gas Financial Calendar Spread Put Option traded on the Exchange represents the cash difference between the strike price and the underlying futures spread multiplied by 10,000 MMBtu, or zero, whichever is greater. A Henry Hub Natural Gas Financial Calendar Spread Call Option traded on the Exchange represents the cash difference between the underlying futures spread and the strike price multiplied by 10,000 MMBtu, or zero, whichever is greater. | ||||
Minimum Price Fluctuation | $0.001 per MMBtu | ||||
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. 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: G4XCME ClearPort: G4Clearing: G4 | ||||
Listed Contracts | 1- Month Spreads listed for 48 consecutive months | ||||
Termination Of Trading | Trading terminates on the business day prior to termination of first underlying futures contract | ||||
Position Limits | NYMEX Position Limits | ||||
Exchange Rulebook | NYMEX 399 | ||||
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 | Financially Settled | ||||
Underlying | Natural Gas (Henry Hub) Last-day Financial Futures |
Contract Unit | A Henry Hub Natural Gas Financial Calendar Spread Put Option traded on the Exchange represents the cash difference between the strike price and the settlement price of the second expiring Henry Hub Natural Gas Futures in the spread less the settlement price of the first expiring Henry Hub Natural Gas Futures in the spread multiplied by 10,000 MMBtu, or zero, whichever is greater. A Henry Hub Natural Gas Financial Calendar Spread Call Option traded on the Exchange represents the cash difference between the settlement price of the first expiring Henry Hub Natural Gas Futures in the spread less the settlement price of the second expiring Natural Gas Futures in the spread and the strike price multiplied by 10,000 MMBtu, or zero, whichever is greater. | ||||
Minimum Price Fluctuation | $0.001 per MMBtu | ||||
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. 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: AG2CME ClearPort: G2Clearing: G2 | ||||
Listed Contracts | 2- Month Spreads listed for 36 consecutive months | ||||
Termination Of Trading | Trading terminates on the business day prior to termination of first underlying futures contract | ||||
Position Limits | NYMEX Position Limits | ||||
Exchange Rulebook | NYMEX 399 | ||||
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 | Financially Settled | ||||
Underlying | Natural Gas (Henry Hub) Last-day Financial Futures |
Contract Unit | A Henry Hub Natural Gas Financial Calendar Spread Put Option traded on the Exchange represents the cash difference between the strike price and the settlement price of the second expiring Henry Hub Natural Gas Futures in the spread less the settlement price of the first expiring Henry Hub Natural Gas Futures in the spread multiplied by 10,000 MMBtu, or zero, whichever is greater. A Henry Hub Natural Gas Financial Calendar Spread Call Option traded on the Exchange represents the cash difference between the settlement price of the first expiring Henry Hub Natural Gas Futures in the spread less the settlement price of the second expiring Natural Gas Futures in the spread and the strike price multiplied by 10,000 MMBtu, or zero, whichever is greater. | ||||
Minimum Price Fluctuation | $0.001 per MMBtu | ||||
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. 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: G3BCME ClearPort: G3Clearing: G3 | ||||
Listed Contracts | 3- Month Spreads listed for 36 consecutive months | ||||
Termination Of Trading | Monthly contracts listed for 12 consecutive months plus an additional January and October contract. | ||||
Position Limits | NYMEX Position Limits | ||||
Exchange Rulebook | NYMEX 399 | ||||
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 | Financially Settled | ||||
Underlying | Natural Gas (Henry Hub) Last-day Financial Futures |
Contract Unit | 10,000 MMBtu | ||||
Minimum Price Fluctuation | $0.001 per MMBtu | ||||
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. 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: G10CME ClearPort: G10Clearing: G10 | ||||
Listed Contracts | 4- Month Spreads listed for 36 consecutive months | ||||
Termination Of Trading | Trading terminates 1 business day immediately preceding the expiration of the first expiring Henry Hub Natural Gas Futures (NG) leg in the spread. | ||||
Position Limits | NYMEX Position Limits | ||||
Exchange Rulebook | NYMEX 399 | ||||
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 | Financially Settled |
Contract Unit | A Henry Hub Natural Gas Financial Calendar Spread Put Option traded on the Exchange represents the cash difference between the strike price and the settlement price of the second expiring Henry Hub Natural Gas Futures in the spread less the settlement price of the first expiring Henry Hub Natural Gas Futures in the spread multiplied by 10,000 MMBtu, or zero, whichever is greater. A Henry Hub Natural Gas Financial Calendar Spread Call Option traded on the Exchange represents the cash difference between the settlement price of the first expiring Henry Hub Natural Gas Futures in the spread less the settlement price of the second expiring Natural Gas Futures in the spread and the strike price multiplied by 10,000 MMBtu, or zero, whichever is greater. | ||||
Minimum Price Fluctuation | $0.001 per MMBtu | ||||
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. 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: AG5CME ClearPort: G5Clearing: G5 | ||||
Listed Contracts | 5- Month Spreads listed for 36 consecutive months | ||||
Termination Of Trading | Trading terminates on the business day prior to termination of first underlying futures contract | ||||
Position Limits | NYMEX Position Limits | ||||
Exchange Rulebook | NYMEX 399 | ||||
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 | Financially Settled | ||||
Underlying | Natural Gas (Henry Hub) Last-day Financial Futures |
Contract Unit | 10,000 MMBtu | ||||
Minimum Price Fluctuation | 0.001 per MMBtu = $10.00 | ||||
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: G6BCME ClearPort: G6Clearing: G6 | ||||
Listed Contracts | 6 - month spreads listed for 36 consecutive months | ||||
Termination Of Trading | Trading terminates on the business day prior to the termination of trading in the first leg of the underlying spread. | ||||
Position Limits | NYMEX Position Limits | ||||
Exchange Rulebook | NYMEX 399 | ||||
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 | Financially Settled | ||||
Underlying | Natural Gas (Henry Hub) Last-day Financial Futures |
Contract Unit | 10,000 MMBtu | ||||
Minimum Price Fluctuation | 0.001 per MMBtu = $10.00 | ||||
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: AG7CME ClearPort: G7Clearing: G7 | ||||
Listed Contracts | 12-month spreads listed for 36 consecutive months | ||||
Termination Of Trading | Trading terminates on the business day prior to termination of trading in the first leg of the underlying spread. | ||||
Position Limits | NYMEX Position Limits | ||||
Exchange Rulebook | NYMEX 399 | ||||
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 | Financially Settled | ||||
Underlying | Natural Gas (Henry Hub) Last-day Financial Futures |
Contract Unit | 10,000 MMBtu | ||||
Minimum Price Fluctuation | CME ClearPort: | 0.0001 per MMBtu = $10.00 | |||
CME Globex: | 0.001 per MMBtu = $10.00 | ||||
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: U01CME ClearPort: U01Clearing: U01 | ||||
Listed Contracts | Daily contracts listed for the current day and the following four business days within a seven-calendar day period, unless that business day coincides with the expiration of a monthly Natural Gas Option in which case it is not listed. | ||||
Termination Of Trading | Termination of trading coincides with the ticker symbol symbol. For example, C25 N21 coincides with a termination of trading on July 25, 2021. | ||||
Position Limits | NYMEX Position Limits | ||||
Exchange Rulebook | NYMEX 1066 | ||||
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 | Financially Settled | ||||
Underlying | Henry Hub Natural Gas Futures |
Contract Unit | 10,000 MMBtu | ||||
Minimum Price Fluctuation | 0.001 per MMBtu = $10.00 | ||||
Price Quotation | 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: ON1,ON2,ON3,ON4,ON5CME ClearPort: ON1,ON2,ON3,ON4,ON5Clearing: ON1,ON2,ON3,ON4,ON5 | ||||
Listed Contracts | Weekly contracts listed for 4 consecutive weeks. No contract listed the same week as the ON monthly option expiration. | ||||
Termination Of Trading | Trading terminates on Friday of the contract week. If Friday is not a business day, trading terminates on the prvious business day. | ||||
Position Limits | NYMEX Position Limits | ||||
Exchange Rulebook | NYMEX 1012 | ||||
Block Minimum | Block Minimum Thresholds | ||||
Strike Price Listing Procedures | Strike Price Listing and Exercise Procedures Table | ||||
Exercise Style | American | ||||
Settlement Method | Deliverable | ||||
Underlying | Henry Hub Natural Gas Futures |
Contract Unit | 10,000 Million Brithish Thermal Units | ||||
Minimum Price Fluctuation | CME Globex: | $0.0010 per MMBtu | |||
CME ClearPort and Open Outcry: | $0.0001 per MMBtu | ||||
Price Quotation | Dollars and tenths of cents per MMBTU | ||||
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: LN1,LN2,LN3,LN4,LN5CME ClearPort: LN1,LN2,LN3,LN4,LN5Clearing: LN1,LN2,LN3,LN4,LN5 | ||||
Listed Contracts | 4 consecutive weeks | ||||
Termination Of Trading | Option expires on Friday. If the Friday of the listing is a scheduled Exchange holiday, the option shall terminate on the first Business Day immediately preceding the Friday. However, if the first Business Day immediately preceding the Friday is the expiration of a Natural Gas monthly option, the weekly option shall not be listed for trading. | ||||
Position Limits | NYMEX Position Limits | ||||
Exchange Rulebook | NYMEX 1006 | ||||
Strike Price Listing Procedures | Strike Price Listing and Exercise Procedures Table | ||||
Exercise Style | European (No contrary instructions) | ||||
Settlement Method | Deliverable | ||||
Underlying | Henry Hub Natural Gas Futures |
Henry Hub Natural Gas (NG) Futures allow market participants significant hedging activity to manage risk in the highly volatile natural gas price, which is driven by weather-related demand. They also provide efficient transactions in and out of positions. Natural gas futures are:
Things to know about the contracts:
Read more about Henry Hub Natural Gas (NG) Futures
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