Palladium Options Contract Specs

Contract Unit	One NYMEX Palladium Futures
Minimum Price Fluctuation	$0.10 per troy ounce
Price Quotation	U.S. dollars and cents per troy ounce.
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: PAO CME ClearPort: PAO Clearing: PAO
Listed Contracts	Monthly contracts listed for 3 consecutive months plus the next 3 contracts in the March, June, September, December cycle.
Termination Of Trading	Trading terminates on the third Wednesday of the month preceding the option contract month at 1:00 p.m. (12:00 p.m. CT). In the event that such business day precedes an Exchange holiday, the expiration date shall be the preceding business day.
Position Limits	NYMEX Position Limits
Exchange Rulebook	NYMEX 119
Block Minimum	Block Minimum Thresholds
Price Limit Or Circuit	Price Limits
Vendor Codes	Quote Vendor Symbols Listing
Strike Price Listing Procedures	Strike Price Listing and Exercise Procedures Table
Exercise Style	American
Settlement Method	Deliverable
Underlying	Palladium Futures

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