Natural Gas Futures Contract
lTrading Months
–Futures -
30 consecutive months plus a long dated 36th month
–Options -
12 consecutive months plus 18, 24, 30 and 36 months
lLast Trading Day
–Futures -
The fifth business day prior to the first day of the delivery
month
–Options -
Expiration occurs the business day preceding the termination of
the underlying futures contract