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Contract specifications
- Contract symbol
- CLU9
- Product
- Crude Oil WTI (CL)
- Exchange
- NYMEX
- Delivery month
- September 2029 (code U)
- Last trading day
- August 21, 2029
- Default rolls on
- August 17, 2029 (4 days before)
- Tick size
- 0.01
- Tick value
- $10.00
- Point value
- $1,000.00
- Next delivery
- CLV9 (September 20, 2029)
When CLU9 stops trading
Trading terminates 3 business days prior to the 25th calendar day of the month prior to the contract month. If the 25th is not a business day, trading terminates 3 business days prior to the last business day preceding the 25th. For CLU9 that falls on August 21, 2029.
Senzoukria stops offering CLU9 as the default contract on August 17, 2029, 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 CLU9 the next listed delivery is CLV9, whose last trading day is September 20, 2029. That is the contract the volume moves into, just as it moved out of CLQ9 on July 16, 2029.
What one tick is worth on CLU9
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 CL 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 CLU9 position and the rows of its footprint come from the same numbers.
Every CL delivery listed in 2029
CL lists 12 delivery months a year (F, G, H, J, K, M, N, Q, U, V, X, Z). CLU9 is number 9 of 12 in 2029.
| Contract | Delivery | Last trading day | Default rolls on |
|---|---|---|---|
| CLF9 | Jan 2029 | Dec 20, 2028 | Dec 16, 2028 |
| CLG9 | Feb 2029 | Jan 22, 2029 | Jan 18, 2029 |
| CLH9 | Mar 2029 | Feb 20, 2029 | Feb 16, 2029 |
| CLJ9 | Apr 2029 | Mar 20, 2029 | Mar 16, 2029 |
| CLK9 | May 2029 | Apr 20, 2029 | Apr 16, 2029 |
| CLM9 | Jun 2029 | May 22, 2029 | May 18, 2029 |
| CLN9 | Jul 2029 | Jun 20, 2029 | Jun 16, 2029 |
| CLQ9 | Aug 2029 | Jul 20, 2029 | Jul 16, 2029 |
| CLU9 (this page) | Sep 2029 | Aug 21, 2029 | Aug 17, 2029 |
| CLV9 | Oct 2029 | Sep 20, 2029 | Sep 16, 2029 |
| CLX9 | Nov 2029 | Oct 22, 2029 | Oct 18, 2029 |
| CLZ9 | Dec 2029 | Nov 20, 2029 | Nov 16, 2029 |
CLU9 and MCLU9 side by side
CL and MCL track the same underlying, but CL is 10 times the size of MCL: $10.00 a tick against $1.00. Both quote on the same 0.01 tick. CLU9 and MCLU9 share the same last trading day, August 21, 2029, so a position in either rolls on the same date.
The practical difference is position sizing rather than behaviour. MCL lets a 10-contract position carry the same exposure as one CL, which makes partial exits possible on a small account; CL carries the deeper book, so its footprint and its depth of market are the ones to read even when the position is held in MCL.
Related pages
- CL — Light Sweet Crude Oil (WTI)
- Contract roll
- Futures month codes
- Tick value
- Front month contract
- Roll yield
- Continuous contract
- MCL — Micro WTI Crude Oil
- CLV9
- CLQ9
- CL 2029
- MCLU9
In the same section
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Frequently asked questions
- When does CLU9 expire?
- The last trading day of CLU9 is August 21, 2029. Trading terminates 3 business days prior to the 25th calendar day of the month prior to the contract month. If the 25th is not a business day, trading terminates 3 business days prior to the last business day preceding the 25th.
- When should I roll out of CLU9?
- The app switches its default to the next listed month on August 17, 2029, which is CLV9. 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 CLU9 worth?
- One tick of 0.01 is $10.00 per contract, and a full point is $1,000.00, on a multiplier of 1000.