HO Futures (NY Harbor ULSD): Tick Value, Expiries, Order Flow

HO contract specifications

The contract unit is 42,000 gallons, quoted in U.S. dollars and cents per gallon. The minimum fluctuation is $0.0001 per gallon, so one tick is worth $4.20 and a one-dollar move $42,000 per contract. It is settled by physical delivery. Senzoukria's contract table holds the same tick and multiplier on the NYMEX venue code.

HO last trading day and next contracts

Trading ends on the last business day of the month preceding the delivery month.

HOV6, the October contract, trades until September 30, 2026, so on September 25 it is still Senzoukria's front month. For HOV6, the default moves to the next listed month on September 26, 2026 (4 calendar days before September 30, 2026), and HOV6 stays selectable with its badge until that date.

HO tick value and P&L arithmetic

• One tick = $0.0001 × 42,000 = $4.20.
• 10 ticks ($0.001 per gallon) = $42 per contract.
• A $0.05 stop is 500 ticks: $2,100 per contract, $4,200 on 2 contracts.
• The same $0.05 on RB is $2,100 per contract.

Reading HO order flow

With row resolution off, an HO footprint has one row per $0.0001 tick and prices carry 4 decimals. The fixed steps give 2 ticks = 0.0002, 4 ticks = 0.0004, 8 ticks = 0.0008, 16 ticks = 0.0016, 32 ticks = 0.0032 dollars per gallon per row.

HO is the NY Harbor ULSD contract, listed under the historical heating-oil root. Like RB it trades 42,000 gallons in $0.0001 ticks worth $4.20, so the two refined-product contracts share the same arithmetic but not the same book or tape.

Using HO in Senzoukria

• Symbol picker on a Rithmic or Databento CME source: type HO; on September 25, 2026 the listed contract is HOV6 (October 2026), in the Energy family.
• Heatmap and DOM show that contract's book with NYMEX as the venue in the ladder header.
• Replay lists HO in the Energy group. In the automatic backtest, set Point value ($) to 42,000, the value of a one-dollar move; the field defaults to 2.