Chicago Ethanol (Platts) Calendar Spread Option - Two Month - Contract Specs
| Contract Unit | 42,000 gallons |
|---|---|
| Minimum Price Fluctuation | CME Globex: 0.00025 per gallon = $10.50 CME ClearPort: 0.00005 per gallon = $2.10 |
| 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: CE2 CME ClearPort: CE2 Clearing: CE2 |
| Listed Contracts | Default 2-month spreads listed for 10 consecutive months |
| Termination of Trading | Trading terminates on the last business day of the month prior to the termination of trading in the first leg of the underlying spread. |
| Position Limits | |
| Exchange Rulebook | |
| Block Minimum | |
| Vendor Codes | |
| Strike Prices Strike Price Interval | |
| Settlement Method | Deliverable |
