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Gasoline Euro-bob Oxy NWE Barges (Argus) Average Price Option Contract Specs

Contract Unit 1,000 metric tons
Minimum Price Fluctuation $0.010 per metric ton
Price Quotation U.S. dollars and cents per metric ton.
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: 7HO
CME ClearPort: 7HO
Clearing: 7HO
Listed Contracts Monthly contracts listed for 12 consecutive months.
Termination Of Trading Trading terminates on the last business day of the contract month.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 1238
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 Gasoline Euro-bob Oxy NWE Barges (Argus) Futures