On this page
Contract specifications
- Contract symbol
- HEQ0
- Product
- Lean Hogs (HE)
- Exchange
- CME
- Delivery month
- August 2030 (code Q)
- Last trading day
- August 14, 2030
- Default rolls on
- August 10, 2030 (4 days before)
- Tick size
- 0.025
- Tick value
- $10.00
- Point value
- $400.00
- Next delivery
- HEV0 (October 14, 2030)
When HEQ0 stops trading
Trading terminates on the 10th business day of the contract month. For HEQ0 that falls on August 14, 2030.
Senzoukria stops offering HEQ0 as the default contract on August 10, 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
Livestock contracts follow the production calendar, so the listed months are uneven and the gap between two deliveries can be two months. The active month is the one carrying the volume.
For HEQ0 the next listed delivery is HEV0, whose last trading day is October 14, 2030. That is the contract the volume moves into, just as it moved out of HEN0 on July 8, 2030.
What one tick is worth on HEQ0
The minimum price fluctuation is 0.025, which is $10.00 per contract on a multiplier of 400. A full point is therefore $400.00. 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 0.025 sets how finely the bid and ask volume of HE 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 HEQ0 position and the rows of its footprint come from the same numbers.
Every HE delivery listed in 2030
HE lists 8 delivery months a year (G, J, K, M, N, Q, V, Z). HEQ0 is number 6 of 8 in 2030.
| Contract | Delivery | Last trading day | Default rolls on |
|---|---|---|---|
| HEG0 | Feb 2030 | Feb 14, 2030 | Feb 10, 2030 |
| HEJ0 | Apr 2030 | Apr 12, 2030 | Apr 8, 2030 |
| HEK0 | May 2030 | May 14, 2030 | May 10, 2030 |
| HEM0 | Jun 2030 | Jun 14, 2030 | Jun 10, 2030 |
| HEN0 | Jul 2030 | Jul 12, 2030 | Jul 8, 2030 |
| HEQ0 (this page) | Aug 2030 | Aug 14, 2030 | Aug 10, 2030 |
| HEV0 | Oct 2030 | Oct 14, 2030 | Oct 10, 2030 |
| HEZ0 | Dec 2030 | Dec 13, 2030 | Dec 9, 2030 |
Related pages
- HE futures
- Contract roll
- Futures month codes
- Tick value
- Front month contract
- Back month contract
- Roll yield
- HEV0
- HEN0
- HE 2030
- LEQ0
In the same section
This page in other languages
Frequently asked questions
- When does HEQ0 expire?
- The last trading day of HEQ0 is August 14, 2030. Trading terminates on the 10th business day of the contract month.
- When should I roll out of HEQ0?
- The app switches its default to the next listed month on August 10, 2030, which is HEV0. 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 HEQ0 worth?
- One tick of 0.025 is $10.00 per contract, and a full point is $400.00, on a multiplier of 400.