Contract specs
SI futures: tick size, tick value and specs.
Silver (SI) on COMEX: one tick is 0.005 points and is worth $25 per contract; one full point is worth $5,000.
| Symbol | SI |
|---|---|
| Name | Silver |
| Exchange | COMEX |
| Tick size | 0.005 |
| Tick value | $25 |
| Point value | $5,000 |
| Contract months | H K N U 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.
What a stop costs on SI
| Stop | 1 contract | 5 contracts |
|---|---|---|
| 20 ticks (0.1 pts) | $500 | $2,500 |
| 50 ticks (0.25 pts) | $1,250 | $6,250 |
| 100 ticks (0.5 pts) | $2,500 | $12,500 |
| 200 ticks (1 pts) | $5,000 | $25,000 |
What is the tick value of SI?
One SI tick (0.005) is worth $25 per contract.
How much is one point of SI worth?
One full point is worth $5,000 per contract.
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