CLZ0 expiry: November 20, 2030

When CLZ0 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 CLZ0 that falls on November 20, 2030.

Senzoukria stops offering CLZ0 as the default contract on November 16, 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.

CLZ0 is the last 2030 delivery listed for CL, so the volume moves into the first 2031 contract.

What one tick is worth on CLZ0

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 CLZ0 position and the rows of its footprint come from the same numbers.

Every CL delivery listed in 2030

CL lists 12 delivery months a year (F, G, H, J, K, M, N, Q, U, V, X, Z). CLZ0 is number 12 of 12 in 2030.

CLZ0 and MCLZ0 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. CLZ0 and MCLZ0 share the same last trading day, November 20, 2030, 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.