Mars (Argus) vs. WTI Trade Month Average Price Option - Contract Specs
| 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 5:00 p.m. - 4:00 p.m. (6:00 p.m. - 5:00 p.m. ET) with a 60-minute break each day beginning at 4:00 p.m. (5:00 p.m. ET) |
| Product Code | CME Globex: YVO CME ClearPort: YVO Clearing: YVO |
| Listed Contracts | Monthly contracts listed for the current year and the next 5 calendar years. Monthly contracts for a new calendar year will be added following the terminatrion of trading in the December contract of the current year. |
| Termination of Trading | Trading terminates on the 25th calendar day of the month prior to the contract month. If the 25th calendar day is not a business day, trading terminates on the first business day prior to the 25th calendar day. |
| Position Limits | |
| Exchange Rulebook | |
| Vendor Codes | |
| Strike Prices Strike Price Interval | |
| Exercise Style | European |
| Settlement Method | Financially Settled |
| Underlying | Mars (Argus) vs. WTI Trade Month Futures |
