contract specs — 3 answered market questions

Worked P&L examples: ticks moved x tick value x contracts (hypothetical)

most recentas of 2026-09-16 table 7×5read in context →

Worked P&L examples: ticks moved x tick value x contracts (hypothetical) — 7 rows by 5 columns, computed 2026-09-16 from US exchange, SIP and OPRA data.
example	ticks_moved	tick_value_usd	contracts	pnl_usd
ES up 4.50 points, 1 contract	18	12.5	1	225
ES up 4.50 points, 3 contracts	18	12.5	3	675
MES up 4.50 points, 1 contract	18	1.25	1	22.5
CL down 0.85 per barrel, long 1 contract	-85	10	1	-850
MCL down 0.85 per barrel, long 1 contract	-85	1	1	-85
ZN up 8/32 (110-16 to 110-24), 1 contract	16	15.625	1	250
ZB down 12/32 (118-00 to 117-20), long 1 contract	-12	31.25	1	-375

the exact SQL behind every number

SELECT
    example,
    ticks_moved,
    tick_value_usd,
    contracts,
    ticks_moved * tick_value_usd * contracts AS pnl_usd
FROM
(
    SELECT 1 AS id, 'ES up 4.50 points, 1 contract' AS example, 18 AS ticks_moved, 12.50 AS tick_value_usd, 1 AS contracts
    UNION ALL SELECT 2, 'ES up 4.50 points, 3 contracts', 18, 12.50, 3
    UNION ALL SELECT 3, 'MES up 4.50 points, 1 contract', 18, 1.25, 1
    UNION ALL SELECT 4, 'CL down 0.85 per barrel, long 1 contract', -85, 10.00, 1
    UNION ALL SELECT 5, 'MCL down 0.85 per barrel, long 1 contract', -85, 1.00, 1
    UNION ALL SELECT 6, 'ZN up 8/32 (110-16 to 110-24), 1 contract', 16, 15.625, 1
    UNION ALL SELECT 7, 'ZB down 12/32 (118-00 to 117-20), long 1 contract', -12, 31.25, 1
) AS examples
ORDER BY id

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