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RBOB Gasoline Crack Spread Option Contract Specs

    Effective as of March 13, 2020 and until further notice, NYMEX increased the dynamic circuit breakers of PA, RB, HO and all Associated Products. See SER 8561 for additional information.

Options
Contract Unit 1,000 barrels
Minimum Price Fluctuation 0.01 per barrel = $10.00
Price Quotation U.S. dollars and cents per barrel
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: RXY
CME ClearPort: RX
Clearing: RX
Listed Contracts Monthly contracts listed for 12 consecutive months.
Termination Of Trading Trading terminates 5 business day before the 26th calendar day of the month prior to the contract month.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 387
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 and Crude Oil Futures