Regional Greenhouse Gas Initiative (RGGI) Options
Trading Unit:This European-Style option exercises into the underlying Regional Greenhouse Gas Initiative (RGGI) CO2 Allowance contract
Price Quotation:
U.S. dollars and cents per allowance
Strike Price Intervals:
Five (5) strike prices in increments of $0.50 per allowance above and below the at-the-money strike price
Minimum Tick
$0.01 per allowance
Trading Hours (All times are New York time) :
Open outcry trading is conducted from 9:00 AM to 2:30 PM
Off-Exchange transactions can be submitted solely for clearing to the NYMEX ClearPort® clearing website as EOO transactions until 5:15 PM, Monday through Friday, and the day preceding a holiday.
Trading Months:
December 2009
Termination of Trading:
The option will expire three (3) business days prior to the expiration of the underlying Regional Greenhouse Gas Initiative (RGGI) CO2 Allowance Futures Contract.
Fees *
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Full Contract Specifications
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Trading Symbol:
OR
** Fees for these contracts are as follows:
| Full Name | Product Symbol | Member | Non Member |
| Regional Greenhouse Gas Initiative CO2 Allowance Option Contract |
OR | $2.50 | $2.50 |
| Additional Fees | Member | Non Member |
| Delivery Notice | $1.00 | $1.00 |
| Exercise and Assignment | $0.85 | $0.85 |