Futures Tick Value Calculator

Six-step workflow

1. Copy current values from the official account, platform, or journal.
2. Keep every unit consistent; do not mix ticks, points, pips, dollars, or percentages.
3. Enter the planning assumptions without changing them to force a preferred answer.
4. Calculate and read every output, including the warning below the headline number.
5. Verify instrument specifications and binding firm rules at the official source.
6. Save the result with its date and compare it with what actually happened.

Understand the output

Formula: Position tick value = contract tick value × contracts. Point value = tick value ÷ tick size.

Worked example: Two contracts worth $12.50 per 0.25-point tick move $25 per tick and $100 per point. A 12-tick stop estimates $300 of price risk before costs.

Common mistakes: confusing tick size with tick value, using a micro specification for a full-size contract, and omitting fees or slippage.