Commodities Contract Specifications
Find important information regarding contract specifications for commodities, including expiration times, trading hours, underlying markets and more.
Please ensure that you understand the relevant contract specifications before trading. If you need any clarification, please contact chat.og.com and our trading support team can advise you further.
All times below are in Eastern (EST) and trading hours are subject to holidays. You can also see the rollover schedule for the futures underlying markets comprising OG's contracts.
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Event Contracts: Metals
Minimum tick size: 0.01 / Tick value: $0.01
Our metals contracts are based on the underlying COMEX/NYMEX® Futures:
OG product | Underlying market | Lead months |
|---|---|---|
GOLD | COMEX/NYMEX® Gold Futures | Feb., April, June, Aug., Dec. |
SILVER | COMEX/NYMEX® Silver Futures | March, May, July, Sept., Dec. |
Gold
Position limit: 2,500,000
Duration | Expiration | Strike width | No. of contracts | Trading hours |
|---|---|---|---|---|
Intraday | Mon-Fri: 10am, 11am, 12pm, 1pm | 3 | 9 | For 2 hours preceding expiration |
Daily | Mon-Fri, 1:30pm | 6 | 21 | Sun-Fri, 6pm-1:30pm |
Silver
Position limit: 2,500,000
Duration | Expiration | Strike width | No. of contracts | Trading hours |
|---|---|---|---|---|
Intraday | Mon-Fri: 10am, 11am, 12pm, 1pm | 0.06 | 9 | For 2 hours preceding expiration |
Daily | Mon-Fri, 1:25pm | 0.05 | 15 | Sun-Fri, 6pm-1:25pm |
Event Contracts: Energies
Minimum tick size: 0.01 / Tick value: $0.01
Our energies contracts are based on the underlying NYMEX® Futures:
OG product | Underlying market | Lead months |
|---|---|---|
CRUDE OIL | NYMEX® Crude Oil Futures | Every calendar month |
Crude oil
Position limit: 2,500,000
Duration | Expiration | Strike width | No. of contracts | Trading hours |
|---|---|---|---|---|
Intraday | Mon-Fri: 10am, 11am, 12pm, 1pm, 2pm | 0.2 | 9 | For 2 hours preceding expiration |
Daily | Mon-Fri, 2:30pm | 0.4 | 23 | Sun-Fri, 6pm-2:30pm |
Pursuant to OG Rule 12.1(e), in instances where a duplicate strike width would be generated under the applicable product rule, the strike width for that contract will be adjusted by the pre-determined levels described in this table.