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RBOB Gasoline Options Contract Specs

Contract Unit A RBOB Gasoline Put (Call) Option traded on the Exchange represents an option to assume a short (long) position in the underlying futures contract 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: OB
CME ClearPort: OB
Clearing: OB
Listed Contracts Monthly contracts listed for the current year and the next 7 calendar years and 3 additional consecutive contract months. Monthly contracts for a new calendar year and 3 additional consecutive contract months will be added following the termination of trading in the December contract of the current year.
Termination Of Trading Expiration occurs three business days before the expiration of the underlying futures contract.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 335
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 RBOB Gasoline Futures