Tick Value Calculator
Calculate the dollar value per tick for any futures contract — essential for proper position sizing.
Free — no signup, no ads, instant results
Tick Value
$12.50
Point Value
$50.00
10-Tick Move
$125.00
Who Is This For?
Futures traders who need to calculate exact dollar risk per tick before entering a position — critical for proper position sizing on CME, CBOT, and NYMEX contracts.
The Formula
Tick Value = Tick Size x Point Value x Number of Contracts
Dollar Risk = Tick Value x Stop Distance (ticks)
How to Use
- Select your futures contract from the dropdown, or choose "Custom Contract" to enter your own tick size and point value.
- Enter the number of contracts you plan to trade.
- Optionally enter your stop distance in ticks to see the total dollar risk.
- Read the tick value, point value, 10-tick move, and dollar risk from the results.
Worked Example
Scenario: Trading 1 E-mini S&P 500 (ES) contract.
Step 1: Tick size = 0.25, Point value = $50.
Step 2: Tick Value = 0.25 x $50 x 1 = $12.50.
Step 3: With an 8-tick stop loss: Dollar Risk = $12.50 x 8 = $100.00.
Assumptions & Edge Cases
- Contract specifications can change; verify with your exchange.
- Does not include commissions or exchange fees.
- Custom contracts require you to know the exact tick size and point value.
Related Reading
Frequently Asked Questions
A tick is the minimum price increment a futures contract can move. Each contract has a different tick size and dollar value per tick.
A point is one full unit of price movement (e.g., 1.00 in ES). A tick is the smallest possible move (0.25 in ES). One point = 4 ticks in ES.
Micro contracts are 1/10th the size of standard contracts, making futures accessible to smaller accounts with proportionally lower risk per tick.