On this page
Contract specifications
- Contract symbol
- MCLF7
- Product
- Micro Crude Oil WTI (MCL)
- Exchange
- NYMEX
- Delivery month
- January 2027 (code F)
- Last trading day
- December 22, 2026
- Default rolls on
- December 18, 2026 (4 days before)
- Tick size
- 0.01
- Tick value
- $1.00
- Point value
- $100.00
- Next delivery
- MCLG7 (January 20, 2027)
When MCLF7 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 MCLF7 that falls on December 22, 2026.
Senzoukria stops offering MCLF7 as the default contract on December 18, 2026, 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 MCLF7 the next listed delivery is MCLG7, whose last trading day is January 20, 2027. That is the contract the volume moves into.
What one tick is worth on MCLF7
The minimum price fluctuation is 0.01, which is $1.00 per contract on a multiplier of 100. A full point is therefore $100.00. 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 MCL 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 MCLF7 position and the rows of its footprint come from the same numbers.
Every MCL delivery listed in 2027
MCL lists 12 delivery months a year (F, G, H, J, K, M, N, Q, U, V, X, Z). MCLF7 is number 1 of 12 in 2027.
| Contract | Delivery | Last trading day | Default rolls on |
|---|---|---|---|
| MCLF7 (this page) | Jan 2027 | Dec 22, 2026 | Dec 18, 2026 |
| MCLG7 | Feb 2027 | Jan 20, 2027 | Jan 16, 2027 |
| MCLH7 | Mar 2027 | Feb 22, 2027 | Feb 18, 2027 |
| MCLJ7 | Apr 2027 | Mar 22, 2027 | Mar 18, 2027 |
| MCLK7 | May 2027 | Apr 20, 2027 | Apr 16, 2027 |
| MCLM7 | Jun 2027 | May 20, 2027 | May 16, 2027 |
| MCLN7 | Jul 2027 | Jun 22, 2027 | Jun 18, 2027 |
| MCLQ7 | Aug 2027 | Jul 20, 2027 | Jul 16, 2027 |
| MCLU7 | Sep 2027 | Aug 20, 2027 | Aug 16, 2027 |
| MCLV7 | Oct 2027 | Sep 21, 2027 | Sep 17, 2027 |
| MCLX7 | Nov 2027 | Oct 20, 2027 | Oct 16, 2027 |
| MCLZ7 | Dec 2027 | Nov 22, 2027 | Nov 18, 2027 |
MCLF7 and CLF7 side by side
MCL and CL 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. MCLF7 and CLF7 share the same last trading day, December 22, 2026, 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
- MCL — Micro WTI Crude Oil
- Contract roll
- Futures month codes
- Tick value
- Front month contract
- Roll yield
- Continuous contract
- CL — Light Sweet Crude Oil (WTI)
- Micro contracts
- MCLG7
- MCLZ6
- MCL 2027
- CLF7
In the same section
This page in other languages
Frequently asked questions
- When does MCLF7 expire?
- The last trading day of MCLF7 is December 22, 2026. 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 MCLF7?
- The app switches its default to the next listed month on December 18, 2026, which is MCLG7. 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 MCLF7 worth?
- One tick of 0.01 is $1.00 per contract, and a full point is $100.00, on a multiplier of 100.