Nymex To Add Trading Month For Crude Oil Calendar Spread Options

The New York Mercantile Exchange, Inc., today announced that it will add an options contract on the differential between the November 2005 and February 2006 crude oil calendar spread options contracts beginning tomorrow morning.

This is in addition to the current listing of 24 consecutive options on one-month spreads. Other spread combinations already listed include spreads between the first and third nearby months, the first and fourth nearby months, the second and fourth nearby months, as well as spreads between the first nearby June and December, the first nearby December to June, the first nearby December to the second nearby December, the first nearby October to January, the first nearby April to the second nearby October, the first nearby August to October, and the first nearby October to the second nearby April.