CFTC Commissioners
December 7, 2005
Page 4

be effective upon adoption, provided that notice to the CFTC is given within three business days
of the strike price listing.

Should you have any questions concerning the above, please contact the undersigned
at (212) 299-2207.

Very truly yours,

Brian Regan
Vice President & Counsel

ce: Christopher K. Bowen
George Henderson
Michael Campanelli
Donna Talamo


December 7, 2005

BY EMAIL

Office of the Secretariat

Commodity Futures Trading Commission
Three Lafayette Centre

1155 21st Street, N.W.

Washington, D.C. 20581

Re: Certification: New York Mercantile Exchange, Inc.
Submission #05.215 (Listing of Additional Strike Prices for the
Gold, Copper, Silver, Natural Gas and Related Calendar Spread Option
Contracts)

Dear CFTC Commissioners:

Pursuant to COMEX Rule 15.03(c), COMEX Rule 16.03, COMEX Rule 17.04 and
NYMEX Rule 300.20, the President of the New York Mercantile Exchange, Inc. (“Exchange”)
has directed that additional strike prices be added for certain contract months in the Gold,
Copper, Silver, Natural Gas and related Calendar Spread option contracts as detailed below:

(A) On December 2, 2005, the Exchange added a call and a put:

1. atthe strike price of 1075 for the March 2006 contract month of the Silver
option contract;

2. at the strike price of 260 for the March 2006 contract month of the Copper
option contract;

3. atthe strike price of 230 for the May 2006 contract month of the Copper
option contract;

4. atthe strike prices of 12450 and 20000 for the October 2006 contract
month of the Natural Gas option contract;

5. atthe strike price of 30000 for the November 2006 contract month of the
Natural Gas option contract;

6. at the strike price of 975 for the December 2006 contract month of the
Silver option contract;


CFTC Commissioners
December 7, 2005

Page 2

(B)

(C)

7. atthe strike price of 550 for the December 2007 contract month of the
Gold option contract;

On December 5, 2005, the Exchange added a call and a put:

8. at the strike price of 860 for the January 2006 contract month of the Silver
option contract;

9. atthe strike price of 525 for the January 2006 contract month of the Gold
option contract;

10. at the strike price of 610 for the February 2006 contract month of the Gold
option contract;

11. at the strike price of 18400 for the February 2006 contract month of the
Natural Gas option contract;

12. at the strike price of -55 for the February 2006 contract month of the
Crude Oil One month Calendar Spread option contract;

13. at the strike price of -100 for the March 2006 contract month of the Crude
Oil One month Calendar Spread option contract;

14. at the strike price of -100 for the April 2006 contract month of the Crude
Oil One month Calendar Spread option contract;

15. at the strike price of -100 for the May 2006 contract month of the Crude
Oil One month Calendar Spread option contract;

16. at the strike price of 235 for the May 2006 contract month of the Copper
option contract;

17. at the strike price of 620 for the June 2006 contract month of the Gold
option contract;

18. at the strike price of 1700 for the July 2006 contract month of the Silver
option contract;

On December 6, 2005, the Exchange added a call and a put:

19. at the strike price of 30000 for the February 2006 contract month of the
Natural Gas option contract;


CFTC Commissioners
December 7, 2005

Page 3

(D)

20. at the strike price of 475 for the March 2006 contract month of the Silver
option contract;

21. at the strike price of 18400 for the March 2006 contract month of the
Natural Gas option contract;

22. at the strike prices of -45 and -75 for the March 2006 contract month of
the WTI Crude Oil One month Calendar Spread option contract;

23. at the strike price of 565 for the April 2006 contract month of the Gold
option contract;

24. at the strike prices of 12450 and 13550 for the April 2006 contract month
of the Natural Gas option contract;

25. at the strike price of 17500 for the August 2006 contract month of the
Natural Gas option contract;
On December 7, 2005, the Exchange added a call and a put:

26. at the strike price of 405 for the January 2006 contract month of the Gold
option contract;

27. at the strike price of 545 for the February 2006 contract month of the Gold
option contract;

28. at the strike price of 740 for the February 2006 contract month of the
Silver option contract;

29. at the strike price of 590 for the April 2006 contract month of the Gold
option contract;

30. at the strike price of 1250 for the May 2006 contract month of the Silver
option contract; and

31. at the strike price of 825 for the December 2007 contract month of the
Silver option contract.

Pursuant to the terms of COMEX Rule 15.03(c), COMEX Rule 16.03, COMEX Rule
17.04 and NYMEX Rule 300.20, the strike prices noted above are in increments that are
consistent with the pricing for the underlying futures contract. COMEX Rule 15.03(c), COMEX
Rule 16.03, COMEX Rule 17.04 and NYMEX Rule 300.20 permit such directed strike prices to