Contract specs
MCL futures: tick size, tick value and specs.
Micro WTI Crude Oil (MCL) on NYMEX: one tick is 0.01 points and is worth $1 per contract; one full point is worth $100.
| Symbol | MCL |
|---|---|
| Name | Micro WTI Crude Oil |
| Exchange | NYMEX |
| Tick size | 0.01 |
| Tick value | $1 |
| Point value | $100 |
| 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.
CL is the full-size version of MCL: one MCL = 1/10 CL. CL →
What a stop costs on MCL
| Stop | 1 contract | 5 contracts |
|---|---|---|
| 10 ticks (0.1 pts) | $10 | $50 |
| 20 ticks (0.2 pts) | $20 | $100 |
| 30 ticks (0.3 pts) | $30 | $150 |
| 50 ticks (0.5 pts) | $50 | $250 |
What is the tick value of MCL?
One MCL tick (0.01) is worth $1 per contract.
How much is one point of MCL worth?
One full point is worth $100 per contract.
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