On this page
Contract specifications
- Contract symbol
- HOQ0
- Product
- Heating Oil (NY Harbor) (HO)
- Exchange
- NYMEX
- Delivery month
- August 2030 (code Q)
- Last trading day
- July 31, 2030
- Default rolls on
- July 27, 2030 (4 days before)
- Tick size
- 0.0001
- Tick value
- $4.20
- Point value
- $42,000.00
- Next delivery
- HOU0 (August 30, 2030)
When HOQ0 stops trading
Trading terminates on the last business day of the month preceding the delivery month. For HOQ0 that falls on July 31, 2030.
Senzoukria stops offering HOQ0 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 HOQ0 the next listed delivery is HOU0, whose last trading day is August 30, 2030. That is the contract the volume moves into, just as it moved out of HON0 on June 24, 2030.
What one tick is worth on HOQ0
The minimum price fluctuation is 0.0001, which is $4.20 per contract on a multiplier of 42000. A full point is therefore $42,000.00. 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 0.0001 sets how finely the bid and ask volume of HO 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 HOQ0 position and the rows of its footprint come from the same numbers.
Every HO delivery listed in 2030
HO lists 12 delivery months a year (F, G, H, J, K, M, N, Q, U, V, X, Z). HOQ0 is number 8 of 12 in 2030.
| Contract | Delivery | Last trading day | Default rolls on |
|---|---|---|---|
| HOF0 | Jan 2030 | Dec 31, 2029 | Dec 27, 2029 |
| HOG0 | Feb 2030 | Jan 31, 2030 | Jan 27, 2030 |
| HOH0 | Mar 2030 | Feb 28, 2030 | Feb 24, 2030 |
| HOJ0 | Apr 2030 | Mar 29, 2030 | Mar 25, 2030 |
| HOK0 | May 2030 | Apr 30, 2030 | Apr 26, 2030 |
| HOM0 | Jun 2030 | May 31, 2030 | May 27, 2030 |
| HON0 | Jul 2030 | Jun 28, 2030 | Jun 24, 2030 |
| HOQ0 (this page) | Aug 2030 | Jul 31, 2030 | Jul 27, 2030 |
| HOU0 | Sep 2030 | Aug 30, 2030 | Aug 26, 2030 |
| HOV0 | Oct 2030 | Sep 30, 2030 | Sep 26, 2030 |
| HOX0 | Nov 2030 | Oct 31, 2030 | Oct 27, 2030 |
| HOZ0 | Dec 2030 | Nov 29, 2030 | Nov 25, 2030 |
Related pages
- HO — NY Harbor ULSD (Heating Oil)
- Contract roll
- Futures month codes
- Tick value
- Front month contract
- Roll yield
- Continuous contract
- HOU0
- HON0
- HO 2030
- RBQ0
In the same section
This page in other languages
Frequently asked questions
- When does HOQ0 expire?
- The last trading day of HOQ0 is July 31, 2030. Trading terminates on the last business day of the month preceding the delivery month.
- When should I roll out of HOQ0?
- The app switches its default to the next listed month on July 27, 2030, which is HOU0. 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 HOQ0 worth?
- One tick of 0.0001 is $4.20 per contract, and a full point is $42,000.00, on a multiplier of 42000.