On this page
Contract specifications
- Contract symbol
- BZU0
- Product
- Brent Crude Oil (BZ)
- Exchange
- NYMEX
- Delivery month
- September 2030 (code U)
- Last trading day
- July 31, 2030
- Default rolls on
- July 27, 2030 (4 days before)
- Tick size
- 0.01
- Tick value
- $10.00
- Point value
- $1,000.00
- Next delivery
- BZV0 (August 30, 2030)
When BZU0 stops trading
Trading terminates the last business day of the second month preceding the contract month. For BZU0 that falls on July 31, 2030.
Senzoukria stops offering BZU0 as the default contract on July 27, 2030, 4 calendar days before that last trading day, and keeps it selectable with a badge. The date is computed from the exchange rule rather than stored. The engine counts Monday to Friday and holds no CME holiday table, so a date that falls next to a public holiday can be one day off the exchange calendar. Check the exchange calendar when the date sits close to a holiday.
When the volume actually leaves
Energy contracts expire monthly, so the roll is a routine of every month rather than every quarter. Volume leaves the expiring month several sessions before its last trading day, and the spread between the two months widens as it does.
For BZU0 the next listed delivery is BZV0, whose last trading day is August 30, 2030. That is the contract the volume moves into, just as it moved out of BZQ0 on June 24, 2030.
What one tick is worth on BZU0
The minimum price fluctuation is 0.01, which is $10.00 per contract on a multiplier of 1000. A full point is therefore $1,000.00. On a footprint chart one row is one tick, so the same vertical space holds a different number of rows depending on the product: a tick of 0.01 sets how finely the bid and ask volume of BZ can be read.
These are the values the app itself trades on, taken from its contract table rather than retyped, so the P&L shown on a BZU0 position and the rows of its footprint come from the same numbers.
Every BZ delivery listed in 2030
BZ lists 12 delivery months a year (F, G, H, J, K, M, N, Q, U, V, X, Z). BZU0 is number 9 of 12 in 2030.
| Contract | Delivery | Last trading day | Default rolls on |
|---|---|---|---|
| BZF0 | Jan 2030 | Nov 30, 2029 | Nov 26, 2029 |
| BZG0 | Feb 2030 | Dec 31, 2029 | Dec 27, 2029 |
| BZH0 | Mar 2030 | Jan 31, 2030 | Jan 27, 2030 |
| BZJ0 | Apr 2030 | Feb 28, 2030 | Feb 24, 2030 |
| BZK0 | May 2030 | Mar 29, 2030 | Mar 25, 2030 |
| BZM0 | Jun 2030 | Apr 30, 2030 | Apr 26, 2030 |
| BZN0 | Jul 2030 | May 31, 2030 | May 27, 2030 |
| BZQ0 | Aug 2030 | Jun 28, 2030 | Jun 24, 2030 |
| BZU0 (this page) | Sep 2030 | Jul 31, 2030 | Jul 27, 2030 |
| BZV0 | Oct 2030 | Aug 30, 2030 | Aug 26, 2030 |
| BZX0 | Nov 2030 | Sep 30, 2030 | Sep 26, 2030 |
| BZZ0 | Dec 2030 | Oct 31, 2030 | Oct 27, 2030 |
Related pages
- BZ futures
- Contract roll
- Futures month codes
- Tick value
- Front month contract
- Roll yield
- Continuous contract
- BZV0
- BZQ0
- BZ 2030
- CLU0
In the same section
This page in other languages
Frequently asked questions
- When does BZU0 expire?
- The last trading day of BZU0 is July 31, 2030. Trading terminates the last business day of the second month preceding the contract month.
- When should I roll out of BZU0?
- The app switches its default to the next listed month on July 27, 2030, which is BZV0. In practice the volume moves before the calendar does, so compare the traded volume and open interest of the two months rather than waiting for the last trading day.
- How much is one tick of BZU0 worth?
- One tick of 0.01 is $10.00 per contract, and a full point is $1,000.00, on a multiplier of 1000.