1 Month Calendar Spread Option2 Month Calendar Spread Option3 Month Calendar Spread Option6 Month Calendar Spread Option12 Month Calendar Spread OptionEuropean OptionsFinancial 1 Month Spread OptionsFinancial 2 Month Spread OptionsFinancial 3 Month Spread OptionsFinancial 6 Month Spread OptionsFinancial 12 Month Spread OptionsFutures-Style MarginPhysical OptionsWeekly Friday Option
Brent Last Day Financial
Futures and Options
Brent Last Day Financial Weekly Options - 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 | CME Globex: Sunday 5:00 p.m. - Friday - 4:00 p.m. CT with a daily maintenance period from 4:00 p.m. - 5:00 p.m. CT CME ClearPort: Sunday 5:00 p.m. - Friday 4:00 p.m. CT with no reporting Monday - Thursday from 4:00 p.m. - 5:00 p.m. CT |
| Product Code | CME Globex: BW1,BW2,BW3,BW4,BW5 CME ClearPort: BW1,BW2,BW3,BW4,BW5 Clearing: BW1,BW2,BW3,BW4,BW5 |
| Listed Contracts | Weekly contracts listed for 4 consecutive weeks. |
| Termination of Trading | Trading terminates on Friday of the contract week. If Friday is not a business day, trading terminates on the prior business day. |
| Position Limits | |
| Exchange Rulebook | |
| Block Minimum | |
| Vendor Codes | |
| Strike Prices Strike Price Interval | |
| Exercise Procedure | If a weekly option expiration occurs on or after the corresponding monthly option expiration, the weekly option exercises into the second listed underlying futures contract month. |
| Settlement Method | Deliverable |
| Underlying | Brent Crude Oil Last Day Financial Futures |
