Nymex To Add Trading Months For Natural Gas Calendar Spread Options

The New York Mercantile Exchange, Inc., will add an options contract on the differential between the first nearby January futures contract and the second nearby January futures contract for natural gas calendar spread options beginning tomorrow morning.

Under the current schedule, this means an additional options contract will be listed on the differential between the January 2005 and January 2006 contracts.

Other spread combinations currently listed, include a similar spread for December–to–December; 24 consecutive one-month spreads; spreads between the first and third nearby months, the first and fourth nearby months, and the second and fourth nearby months; and spreads between June/December, December/June, April/October, and October/April.