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RBOB Gasoline European Financial 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 42,000 gallons
Minimum Price Fluctuation 0.0001 per gallon = $4.20
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. CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)
Product Code CME Globex: ARF
CME ClearPort: RF
Clearing: RF
Listed Contracts Monthly contracts listed for the current year and the next 3 calendar years and 1 additional contract month. List monthly contracts for a new calendar year and 1 additional consecutive contract month following the termination of trading in the December contract of the current year.
Termination Of Trading Trading terminates the 4th last business day of the month prior to the contract month.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 385
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 RBOB Gasoline Futures