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Gulf Coast ULSD (Platts) Average Price Option Contract Specs

Contract Unit 42,000 Gallons
Minimum Price Fluctuation $0.001 per gallon
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: GUL
CME ClearPort: GUL
Clearing: GUL
Listed Contracts Monthly contracts listed for the current year and the next 3 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 last business day of the contract month
Position Limits Position Limits
Exchange Rulebook NYMEX 535
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing
Strike Price Listing Procedures Strike Price Listing and Exercise Procedures Table
Exercise Style Average Price - non-early exercisableoption
Settlement Method Financially Settled
Underlying Gulf Coast ULSD (Platts) Futures