Educational Resources For Trading Futures & Options
Educational Resources For Trading Futures & Options
Heating Oil accounts for ¼ of the yield of a barrel of crude, the second largest portion after gasoline. There are two contract denominations for trade:
SYMBOL:
- HO trades in units of 42,000 gallons (1,000 barrels)
The minimum price fluctuation is $0.0001 (0.01¢) per gallon ($4.20 per contract).- QH (e-miNY) trades in unites of 21,000 gallons (500 barrels)
The minimum price fluctuation is $0.001 (0.1¢) per gallon ($21.00 per contract)
Maximum Daily Price Fluctuation is $0.25 per gallon.
Contract Expiration: Request Free Demo to gain access to our web-based trading platform. From within the web-based platform you will have access to view complete contract specifications, including First Notice and Last Trading day.
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