Contract specs
CL futures: tick size, tick value and specs.
Crude Oil (WTI) (CL) on NYMEX: one tick is 0.01 points and is worth $10 per contract; one full point is worth $1,000.
| Symbol | CL |
|---|---|
| Name | Crude Oil (WTI) |
| Exchange | NYMEX |
| Tick size | 0.01 |
| Tick value | $10 |
| Point value | $1,000 |
| Contract months | F G H J K M N Q U V X Z |
| Trading hours | CME Globex: Sunday to Friday, 6:00 p.m. to 5:00 p.m. New York time, with a daily one-hour break from 5:00 to 6:00 p.m. |
Specifications for guidance only. Always check the official CME Group contract page before trading.
MCL is the micro version of CL: one CL = 10 MCL. MCL →
What a stop costs on CL
| Stop | 1 contract | 5 contracts |
|---|---|---|
| 10 ticks (0.1 pts) | $100 | $500 |
| 20 ticks (0.2 pts) | $200 | $1,000 |
| 30 ticks (0.3 pts) | $300 | $1,500 |
| 50 ticks (0.5 pts) | $500 | $2,500 |
What is the tick value of CL?
One CL tick (0.01) is worth $10 per contract.
How much is one point of CL worth?
One full point is worth $1,000 per contract.
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