CFTC Commissioners
July 8, 2005
Page 4

Pursuant to the terms of COMEX Rule 16.03 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 16.03 and NYMEX Rule 300.20 permit such directed strike prices to 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

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



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Office of the Secretariat =
Commodity Futures Trading Commission is
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Washington, D.C. 20581 aa]
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July 8, 2005

Re: Certification: New York Mercantile Exchange, Inc.

Submission #05.114 (Listing of Additional Strike Prices for the
Silver, Heating Oil, Unleaded Gasoline and Natural Gas Option
Contracts)

Dear CFTC Commissioners:

Pursuant to COMEX Rule 16.03 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 Silver, Heating Oil, Unleaded Gasoline and Natural Gas option

contracts as detailed below:

(A)

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

1. atthe strike price of 18900 for the October 2005 contract month of the
Unleaded Gasoline option contract;

2. at the strike price of 20400 for the December 2005 contract month of the
Heating Oil option contract;

3. atthe strike price of 9900 for the December 2005 contract month. of the
Natural Gas option contract;

4. atthe strike price of 11300 for the January 2006 contract month of the
Natural Gas option contract;

5. atthe strike prices of 20400 and 20600 for the January 2006 contract
month of the Heating Oil option contract;

6. at the strike price of 9050 for the March 2006 contract month of the
Natural Gas option contract;

7. atthe strike price of 7900 for the September 2006 contract month of the
Natural Gas option contract;


CFTC Commissioners

July 8, 2005
Page 2
(B)
(C)

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

8. at the strike price of 20200 for the August 2005 contract month of the
Heating Oil option contract;

9. atthe strike price of 9350 for the September 2005 contract month of the
Natural Gas option contract;

10. at the strike prices of 19900 and 20600 for the October 2005 contract
month of the Heating Oil Average Price option contract;

11. at the strike price of 8100 for the October 2005 contract month of the
Crude Oil option contract;

12. at the strike prices of 21200 and 27600 for the November 2005 contract
month of the Heating Oil option contract;

13. at the strike price of 13500 for the December 2005 contract month of the
Natural Gas option contract;

14. at the strike price of 20700 for the December 2005 contract month of the
Heating Oil option contract;

15. at the strike prices of 20800 and 20900 for the January 2006 contract
month of the Heating Oil option contract;
On July 7, 2005, the Exchange added a call and a put:

16. at the strike price of 7900 for the October 2005 contract month of the
Crude Oil option contract;

17. at the strike prices of 21800, 23400, 23800 and 24200 for the October
2005 contract month of the Heating Oil option contract;

18. at the strike price of 25300 for the November 2005 contract month of the
Heating Oil option contract;

19. at the strike prices of 19800 and 23900 for the November 2005 contract
month of the Unleaded Gasoline option contract;

20. at the strike price of 10250 for the December 2005 contract month of the
Natural Gas option contract;


CFTC Commissioners

July 8, 2005

Page 3

21. at the strike price of 22800 for the January 2006 contract month of the
Heating Oil option contract;

22. at the strike price of 22800 for the February 2006 contract month of the
Heating Oil option contract;

23. at the strike price of 22800 for the March 2006 contract month of the
Heating Oil option contract;

24. at the strike price of 22800 for the April 2006 contract month of the
Heating Oil option contract;

25. at the strike price of 7900 for the June 2006 contract month of the Natural
Gas option contract;

26. at the strike price of 875 for the July 2006 contract month of the Silver
option contract;
On July 8, 2005, the Exchange added a call and a put:

27. at the strike price of 21300 for the September 2005 contract month of the
Heating Oil option contract;

28. at the strike price of 20600 for the October 2005 contract month of the
Unleaded Gasoline option contract;

29. at the strike price of 24400 for the October 2005 contract month of the
Heating Oil option contract;

30. at the strike price of 8600 for the November 2005 contract month of the
Crude Oil option contract;

31. at the strike price of 8600 for the December 2005 contract month of the
Crude Oil option contract;

32. at the strike prices of 9850 and 10950 for the December 2005 contract
month of the Natural Gas option contract;

33. at the strike price of 15000 for the November 2006 contract month of the
Natural Gas option contract;