Asset Class Navigation

NY Harbor ULSD Calendar Spread Option - 1 Month Contract Specs

Options
Contract Unit A NY Harbor ULSD Calendar Spread Put Option on the Exchange represents an option to assume a short position in the first Expiring NY Harbor ULSD Futures in the spread and a long position in the second expiring NY Harbor ULSD Futures in the spread on the Exchange. A NY Harbor ULSD Calendar Spread Call Option represents an option to assume a long position in the first expiring NY Harbor ULSD Futures in the spread and a short position in the second expiring NY Harbor ULSD Futures in the spread traded on the Exchange.
Minimum Price Fluctuation $0.0001 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: FAY
CME ClearPort: FA
Clearing: FA
Listed Contracts 1-Month spreads listed for the current year and next 3 calendar years. List 1-Month spreads for a new calendar year following the termination of trading in the December spread of the current year.   
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 392
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 NY Harbor ULSD Futures