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Heating Oil Futures Trading

Heating Oil Futures Market Facts

The exchange for trading Heating Oil Futures is on the NYMEX - New York Mercantile Exchange.

Contracts on Heating Oil Futures are energy contracts that are legally binding instruments to accept delivery in the New York harbor - Traders might, however liquidate or change position on the contract prior to delivery.

Hedgers on Heating Oil look to reduce their risk or to protect physical inventories for a variety of reasons like expected changes in production or shifts in demand, the economy, or perhaps due to factors or levels of their existing inventories.

Options (NYMEX symbol OH) can be used along with heating oil futures contracts, as either a put option where the holder has the right but is not obligated to sell a futures contract at a specified price for a specified time period, or in the case of the call option where the holder has the right but no obligation to purchase the futures contract at specified priced for a specified period.

Inclined heating oil futures traders may have calendar spread options, crack spread options and average price option contracts at their disposal for increased risk flexibility.

Options may also be used exclusive of any futures.

Get information on energy markets with our Crude Futures Market and gas resource for Trading Natural Gas Futures - Market in addition to Heating Oil Futures details.