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Contract specifications
- Contract symbol
- NGV7
- Product
- Natural Gas (NG)
- Exchange
- NYMEX
- Delivery month
- October 2027 (code V)
- Last trading day
- September 28, 2027
- Default rolls on
- September 24, 2027 (4 days before)
- Tick size
- 0.001
- Tick value
- $10.00
- Point value
- $10,000.00
- Next delivery
- NGX7 (October 27, 2027)
When NGV7 stops trading
Trading terminates 3 business days prior to the first day of the delivery month. For NGV7 that falls on September 28, 2027.
Senzoukria stops offering NGV7 as the default contract on September 24, 2027, 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 NGV7 the next listed delivery is NGX7, whose last trading day is October 27, 2027. That is the contract the volume moves into, just as it moved out of NGU7 on August 23, 2027.
What one tick is worth on NGV7
The minimum price fluctuation is 0.001, which is $10.00 per contract on a multiplier of 10000. A full point is therefore $10,000.00. 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 NG 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 NGV7 position and the rows of its footprint come from the same numbers.
Every NG delivery listed in 2027
NG lists 12 delivery months a year (F, G, H, J, K, M, N, Q, U, V, X, Z). NGV7 is number 10 of 12 in 2027.
| Contract | Delivery | Last trading day | Default rolls on |
|---|---|---|---|
| NGF7 | Jan 2027 | Dec 29, 2026 | Dec 25, 2026 |
| NGG7 | Feb 2027 | Jan 27, 2027 | Jan 23, 2027 |
| NGH7 | Mar 2027 | Feb 24, 2027 | Feb 20, 2027 |
| NGJ7 | Apr 2027 | Mar 29, 2027 | Mar 25, 2027 |
| NGK7 | May 2027 | Apr 28, 2027 | Apr 24, 2027 |
| NGM7 | Jun 2027 | May 27, 2027 | May 23, 2027 |
| NGN7 | Jul 2027 | Jun 28, 2027 | Jun 24, 2027 |
| NGQ7 | Aug 2027 | Jul 28, 2027 | Jul 24, 2027 |
| NGU7 | Sep 2027 | Aug 27, 2027 | Aug 23, 2027 |
| NGV7 (this page) | Oct 2027 | Sep 28, 2027 | Sep 24, 2027 |
| NGX7 | Nov 2027 | Oct 27, 2027 | Oct 23, 2027 |
| NGZ7 | Dec 2027 | Nov 26, 2027 | Nov 22, 2027 |
NGV7 and MNGV7 side by side
NG and MNG 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. NGV7 and MNGV7 share the same last trading day, September 28, 2027, 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.
Related pages
- NG — Henry Hub Natural Gas
- Contract roll
- Futures month codes
- Tick value
- Front month contract
- Roll yield
- Continuous contract
- MNG — Micro Henry Hub Natural Gas
- NGX7
- NGU7
- NG 2027
- MNGV7
In the same section
This page in other languages
Frequently asked questions
- When does NGV7 expire?
- The last trading day of NGV7 is September 28, 2027. Trading terminates 3 business days prior to the first day of the delivery month.
- When should I roll out of NGV7?
- The app switches its default to the next listed month on September 24, 2027, which is NGX7. 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 NGV7 worth?
- One tick of 0.001 is $10.00 per contract, and a full point is $10,000.00, on a multiplier of 10000.