On this page
Contract specifications
- Contract symbol
- SIK8
- Product
- Silver (SI)
- Exchange
- COMEX
- Delivery month
- May 2028 (code K)
- Roll anchor
- April 26, 2028
- Official last trading day
- May 29, 2028
- Default rolls on
- April 22, 2028 (4 days before)
- Tick size
- 0.005
- Tick value
- $25.00
- Point value
- $5,000.00
- Next delivery
- SIN8 (June 28, 2028)
The date that matters on SIK8
The first notice day of SIK8 is April 28, 2028, the last business day of the month preceding delivery. Senzoukria anchors its roll two business days earlier, on April 26, 2028.
This date is not the last trading day. A metal contract keeps quoting into its delivery month, but past the first notice day it is deliverable, liquidity collapses, and most brokers and prop firms liquidate what is left. Senzoukria therefore anchors its roll two business days before the first notice day and never offers a contract already in its delivery period.
SIK8 itself keeps quoting until its official last trading day, May 29, 2028, the third-to-last business day of its delivery month, but that session sits inside the delivery period and is not where the volume is.
Senzoukria stops offering SIK8 as the default contract on April 22, 2028, 4 calendar days before that roll anchor, 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
Metal contracts stay quoted into their delivery month, but the volume leaves before the first notice day. The active month is rarely the one whose name matches the calendar, so checking the date rather than the month name is the habit that avoids trading a dying contract.
For SIK8 the next listed delivery is SIN8, whose roll anchor is June 28, 2028. That is the contract the volume moves into, just as it moved out of SIH8 on February 21, 2028.
What one tick is worth on SIK8
The minimum price fluctuation is 0.005, which is $25.00 per contract on a multiplier of 5000. A full point is therefore $5,000.00. 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 0.005 sets how finely the bid and ask volume of SI 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 SIK8 position and the rows of its footprint come from the same numbers.
Every SI delivery listed in 2028
SI lists 5 delivery months a year (H, K, N, U, Z). SIK8 is number 2 of 5 in 2028.
| Contract | Delivery | Roll anchor | Default rolls on |
|---|---|---|---|
| SIH8 | Mar 2028 | Feb 25, 2028 | Feb 21, 2028 |
| SIK8 (this page) | May 2028 | Apr 26, 2028 | Apr 22, 2028 |
| SIN8 | Jul 2028 | Jun 28, 2028 | Jun 24, 2028 |
| SIU8 | Sep 2028 | Aug 29, 2028 | Aug 25, 2028 |
| SIZ8 | Dec 2028 | Nov 28, 2028 | Nov 24, 2028 |
Related pages
- SI — Silver
- Contract roll
- Futures month codes
- Tick value
- Front month contract
- Continuous contract
- Back month contract
- SIN8
- SIH8
- SI 2028
- SILK8
In the same section
This page in other languages
Frequently asked questions
- When does SIK8 stop being tradable in practice?
- The roll anchor of SIK8 is April 26, 2028. The first notice day is the last business day of the month preceding the delivery month; the official last trading day is the third-to-last business day of the delivery month itself. This date is not the last trading day. A metal contract keeps quoting into its delivery month, but past the first notice day it is deliverable, liquidity collapses, and most brokers and prop firms liquidate what is left. Senzoukria therefore anchors its roll two business days before the first notice day and never offers a contract already in its delivery period.
- When should I roll out of SIK8?
- The app switches its default to the next listed month on April 22, 2028, which is SIN8. 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 roll anchor.
- How much is one tick of SIK8 worth?
- One tick of 0.005 is $25.00 per contract, and a full point is $5,000.00, on a multiplier of 5000.
- Does SIK8 really stop trading on April 26, 2028?
- No. SIK8 keeps quoting until May 29, 2028, the third-to-last business day of its delivery month. April 26, 2028 is the roll anchor Senzoukria uses, two business days before the first notice day, because past that point the contract is deliverable and the liquidity is gone.