Senzoukria · Futures contracts

MNGK8 expiry: April 26, 2028

MNGK8 is the May 2028 delivery of Micro Natural Gas on NYMEX. Its last trading day is April 26, 2028, and the app moves its default to the next listed month on April 22, 2028, 4 calendar days earlier. One tick is 0.001, worth $1.00, on a multiplier of 1000.

Updated September 2026First published 16 October 2026

On this page
  1. Contract specifications
  2. When MNGK8 stops trading
  3. When the volume actually leaves
  4. What one tick is worth on MNGK8
  5. Every MNG delivery listed in 2028
  6. MNGK8 and NGK8 side by side
  7. Related pages
  8. In the same section
  9. This page in other languages
  10. Frequently asked questions

Contract specifications

Contract symbol
MNGK8
Product
Micro Natural Gas (MNG)
Exchange
NYMEX
Delivery month
May 2028 (code K)
Last trading day
April 26, 2028
Default rolls on
April 22, 2028 (4 days before)
Tick size
0.001
Tick value
$1.00
Point value
$1,000.00
Next delivery
MNGM8 (May 29, 2028)

When MNGK8 stops trading

Trading terminates 3 business days prior to the first day of the delivery month. For MNGK8 that falls on April 26, 2028.

Senzoukria stops offering MNGK8 as the default contract on April 22, 2028, 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 MNGK8 the next listed delivery is MNGM8, whose last trading day is May 29, 2028. That is the contract the volume moves into, just as it moved out of MNGJ8 on March 25, 2028.

What one tick is worth on MNGK8

The minimum price fluctuation is 0.001, which is $1.00 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 0.001 sets how finely the bid and ask volume of MNG 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 MNGK8 position and the rows of its footprint come from the same numbers.

Every MNG delivery listed in 2028

MNG lists 12 delivery months a year (F, G, H, J, K, M, N, Q, U, V, X, Z). MNGK8 is number 5 of 12 in 2028.

MNG 2028: last trading day and roll date of every listed delivery
ContractDeliveryLast trading dayDefault rolls on
MNGF8Jan 2028Dec 29, 2027Dec 25, 2027
MNGG8Feb 2028Jan 27, 2028Jan 23, 2028
MNGH8Mar 2028Feb 25, 2028Feb 21, 2028
MNGJ8Apr 2028Mar 29, 2028Mar 25, 2028
MNGK8 (this page)May 2028Apr 26, 2028Apr 22, 2028
MNGM8Jun 2028May 29, 2028May 25, 2028
MNGN8Jul 2028Jun 28, 2028Jun 24, 2028
MNGQ8Aug 2028Jul 27, 2028Jul 23, 2028
MNGU8Sep 2028Aug 29, 2028Aug 25, 2028
MNGV8Oct 2028Sep 27, 2028Sep 23, 2028
MNGX8Nov 2028Oct 27, 2028Oct 23, 2028
MNGZ8Dec 2028Nov 28, 2028Nov 24, 2028

MNGK8 and NGK8 side by side

MNG and NG track the same underlying, but NG is 10 times the size of MNG: $10.00 a tick against $1.00. Both quote on the same 0.001 tick. MNGK8 and NGK8 share the same last trading day, April 26, 2028, so a position in either rolls on the same date.

The practical difference is position sizing rather than behaviour. MNG lets a 10-contract position carry the same exposure as one NG, which makes partial exits possible on a small account; NG carries the deeper book, so its footprint and its depth of market are the ones to read even when the position is held in MNG.

In the same section

This page in other languages

Frequently asked questions

When does MNGK8 expire?
The last trading day of MNGK8 is April 26, 2028. Trading terminates 3 business days prior to the first day of the delivery month.
When should I roll out of MNGK8?
The app switches its default to the next listed month on April 22, 2028, which is MNGM8. 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 MNGK8 worth?
One tick of 0.001 is $1.00 per contract, and a full point is $1,000.00, on a multiplier of 1000.
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