Futures tick in dollars: what your ticks are worth
A tick is the smallest move a futures price can make. Enter the contract's numbers and see your trade in ticks and in dollars.
How it works: the price move in points divided by the tick size is the number of ticks. Each tick is worth the tick value on each contract. Ticks x tick value x contracts is the result. A long trade gains when the price rises. A short trade gains when it falls. Dollars per point is the tick value divided by the tick size. Tick size and tick value are your own numbers.
A point is not a tick
A point can hold many ticks. With a 0.25 tick, one point is four ticks. That is the mix-up behind many surprise losses. Read the futures point was fifty dollars, tick and pip vs point vs tick.
Prices must land on a tick
A contract trades in whole ticks. An entry or exit between ticks cannot happen, so this page refuses it. See the futures tick value calculator and futures contract.
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