Futures Tick Value Calculator

Find the dollar value of a tick, a point and your stop for popular CME futures, and how many contracts fit your risk.

ContractES · E-mini S&P 500MES · Micro E-mini S&P 500NQ · E-mini Nasdaq-100MNQ · Micro E-mini Nasdaq-100YM · E-mini DowMYM · Micro E-mini DowRTY · E-mini Russell 2000M2K · Micro E-mini Russell 2000GC · Gold (100 oz)MGC · Micro Gold (10 oz)SI · Silver (5,000 oz)SIL · Micro Silver (1,000 oz)CL · Crude Oil (1,000 bbl)MCL · Micro Crude Oil (100 bbl)6E · Euro FX (125,000 EUR)ContractsPrice move or stop (points)Risk budget, optional (USD)

Value of the move

—

USD

Point value (1 contract)

—

USD

Tick size · tick value

—

Contracts within the risk budget

—

Specs are CME’s standard contract specifications. Commissions and slippage are not included.

How it works

Every futures contract moves in a minimum price step, the tick, which has a fixed dollar value. The point value is the tick value divided by the tick size: for the E-mini S&P 500 (ES) that is 12.50 ÷ 0.25 = 50 USD per point. A 10-point stop on 2 ES contracts therefore risks 2 × 10 × 50 = 1,000 USD.

Micro contracts are one tenth of the standard size: MES is worth 5 USD per point and MNQ 2 USD per point, which makes them easier to size for small accounts.