On this page
Contract specifications
- Contract symbol
- QMF0
- Product
- E-mini Crude Oil (QM)
- Exchange
- NYMEX
- Delivery month
- January 2030 (code F)
- Last trading day
- December 20, 2029
- Default rolls on
- December 16, 2029 (4 days before)
- Tick size
- 0.025
- Tick value
- $12.50
- Point value
- $500.00
- Next delivery
- QMG0 (January 22, 2030)
When QMF0 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 QMF0 that falls on December 20, 2029.
Senzoukria stops offering QMF0 as the default contract on December 16, 2029, 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 QMF0 the next listed delivery is QMG0, whose last trading day is January 22, 2030. That is the contract the volume moves into.
What one tick is worth on QMF0
The minimum price fluctuation is 0.025, which is $12.50 per contract on a multiplier of 500. A full point is therefore $500.00. 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 0.025 sets how finely the bid and ask volume of QM 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 QMF0 position and the rows of its footprint come from the same numbers.
Every QM delivery listed in 2030
QM lists 12 delivery months a year (F, G, H, J, K, M, N, Q, U, V, X, Z). QMF0 is number 1 of 12 in 2030.
| Contract | Delivery | Last trading day | Default rolls on |
|---|---|---|---|
| QMF0 (this page) | Jan 2030 | Dec 20, 2029 | Dec 16, 2029 |
| QMG0 | Feb 2030 | Jan 22, 2030 | Jan 18, 2030 |
| QMH0 | Mar 2030 | Feb 20, 2030 | Feb 16, 2030 |
| QMJ0 | Apr 2030 | Mar 20, 2030 | Mar 16, 2030 |
| QMK0 | May 2030 | Apr 22, 2030 | Apr 18, 2030 |
| QMM0 | Jun 2030 | May 21, 2030 | May 17, 2030 |
| QMN0 | Jul 2030 | Jun 20, 2030 | Jun 16, 2030 |
| QMQ0 | Aug 2030 | Jul 22, 2030 | Jul 18, 2030 |
| QMU0 | Sep 2030 | Aug 20, 2030 | Aug 16, 2030 |
| QMV0 | Oct 2030 | Sep 20, 2030 | Sep 16, 2030 |
| QMX0 | Nov 2030 | Oct 22, 2030 | Oct 18, 2030 |
| QMZ0 | Dec 2030 | Nov 20, 2030 | Nov 16, 2030 |
Related pages
- QM futures
- Contract roll
- Futures month codes
- Tick value
- Front month contract
- Roll yield
- Continuous contract
- QMG0
- QMZ9
- QM 2030
- CLF0
In the same section
This page in other languages
Frequently asked questions
- When does QMF0 expire?
- The last trading day of QMF0 is December 20, 2029. 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 QMF0?
- The app switches its default to the next listed month on December 16, 2029, which is QMG0. 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 QMF0 worth?
- One tick of 0.025 is $12.50 per contract, and a full point is $500.00, on a multiplier of 500.