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| Type |
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| An Asian-style options contract that is cash-settled on expiration day. |
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| Trading Unit |
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| Upon expiration of a call options contract, the value will be the difference between the average front month settlement price over the calendar month of the underlying New York harbor heating oil calendar swap futures contract and the strike price multiplied by 42,000 gallons or zero, whichever is greater. Upon expiration of a put options contract, the value will be the difference between the strike price and average front month settlement price over the calendar month of the underlying New York harbor heating oil calendar swap futures contract multiplied by 42,000 gallons or zero, whichever is greater. |
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| Price Quotation |
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| U.S. dollars and cents per gallon. |
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| Trading Hours (All times are New York time) |
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| Open outcry trading is conducted from 9:00 AM until 2:30 PM. |
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| Trading Months |
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| 36 consecutive months. |
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| Minimum Price Fluctuation |
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| $0.0001 (0.01¢) per gallon ($4.20 per contract). |
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| Maximum Daily Price Fluctuation |
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| No price limits. |
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| Last Trading Day |
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| Trading ends on the last business day of the contract month. |
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| Strike Prices |
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| Twenty strike prices in $0.01 (1¢) per gallon increments above and below the at-the-money strike price, and the next 10 strike prices in $0.05 (5¢) increments above the highest and below the lowest existing strike prices for a total of at least 61 strike prices. The at-the-money strike price is the nearest to the previous day's close of the underlying futures contract. Strike price boundaries are adjusted according to the futures price movements. |
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| Settlement Type |
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| Cash-settled. |
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| Exchange of Options for Options (EOO) |
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| The buyer or seller may exchange an off-Exchange options position for an options position on the Exchange of equal quantity by submitting a notice to the Exchange. EOOs may be used to either initiate or liquidate an options position. |
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| Margin Requirements |
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| Margins are required for open short options positions. The margin requirement for an options purchaser will never exceed the premium. |
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| Trading Symbol |
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| AT |
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