Futures tick value and dollar risk calculator
Turn a stop measured in ticks or points into real dollars for the major futures contracts, then get the contract count that fits your risk budget.
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| Contract | Tick size | Tick value | Point value |
|---|---|---|---|
| ES E-mini S&P 500 | 0.25 | $12.50 | $50.00 |
| MES Micro E-mini S&P 500 | 0.25 | $1.25 | $5.00 |
| NQ E-mini Nasdaq 100 | 0.25 | $5.00 | $20.00 |
| MNQ Micro E-mini Nasdaq 100 | 0.25 | $0.50 | $2.00 |
| YM E-mini Dow | 1 | $5.00 | $5.00 |
| MYM Micro E-mini Dow | 1 | $0.50 | $0.50 |
| RTY E-mini Russell 2000 | 0.1 | $5.00 | $50.00 |
| M2K Micro E-mini Russell 2000 | 0.1 | $0.50 | $5.00 |
| CL Crude oil | 0.01 | $10.00 | $1,000.00 |
| MCL Micro crude oil | 0.01 | $1.00 | $100.00 |
| GC Gold | 0.1 | $10.00 | $100.00 |
| MGC Micro gold | 0.1 | $1.00 | $10.00 |
| SI Silver | 0.005 | $25.00 | $5,000.00 |
| 6E Euro FX | 0.00005 | $6.25 | $125,000.00 |
| ZB 30-year T-bond | 0.03125 | $31.25 | $1,000.00 |
| ZN 10-year T-note | 0.015625 | $15.63 | $1,000.00 |
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Frequently asked
What is a tick in futures?
A tick is the smallest price increment a contract can move. ES moves in 0.25-point ticks worth $12.50; MES moves in the same 0.25 ticks but each is worth $1.25.
How do I convert a stop into dollars?
Dollar risk = stop in ticks x tick value x contracts. A 12-tick stop on 2 MES contracts is 12 x $1.25 x 2 = $30.
Why do micro contracts matter for small accounts?
Micros are one tenth the size of the standard contract, so a small account can size correctly instead of being forced into a single oversized position.
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