On this page
Contract specifications
- Contract symbol
- SILN0
- Product
- Micro Silver (1000 oz) (SIL)
- Exchange
- COMEX
- Delivery month
- July 2030 (code N)
- Roll anchor
- June 26, 2030
- Official last trading day
- July 29, 2030
- Default rolls on
- June 22, 2030 (4 days before)
- Tick size
- 0.005
- Tick value
- $5.00
- Point value
- $1,000.00
- Next delivery
- SILU0 (August 28, 2030)
The date that matters on SILN0
The first notice day of SILN0 is June 28, 2030, the last business day of the month preceding delivery. Senzoukria anchors its roll two business days earlier, on June 26, 2030.
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.
SILN0 itself keeps quoting until its official last trading day, July 29, 2030, 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 SILN0 as the default contract on June 22, 2030, 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 SILN0 the next listed delivery is SILU0, whose roll anchor is August 28, 2030. That is the contract the volume moves into, just as it moved out of SILK0 on April 22, 2030.
What one tick is worth on SILN0
The minimum price fluctuation is 0.005, which is $5.00 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 0.005 sets how finely the bid and ask volume of SIL 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 SILN0 position and the rows of its footprint come from the same numbers.
Every SIL delivery listed in 2030
SIL lists 5 delivery months a year (H, K, N, U, Z). SILN0 is number 3 of 5 in 2030.
| Contract | Delivery | Roll anchor | Default rolls on |
|---|---|---|---|
| SILH0 | Mar 2030 | Feb 26, 2030 | Feb 22, 2030 |
| SILK0 | May 2030 | Apr 26, 2030 | Apr 22, 2030 |
| SILN0 (this page) | Jul 2030 | Jun 26, 2030 | Jun 22, 2030 |
| SILU0 | Sep 2030 | Aug 28, 2030 | Aug 24, 2030 |
| SILZ0 | Dec 2030 | Nov 27, 2030 | Nov 23, 2030 |
Related pages
- SIL — Micro Silver (1,000 oz)
- Contract roll
- Futures month codes
- Tick value
- Front month contract
- Continuous contract
- Back month contract
- SILU0
- SILK0
- SIL 2030
- SIN0
In the same section
This page in other languages
Frequently asked questions
- When does SILN0 stop being tradable in practice?
- The roll anchor of SILN0 is June 26, 2030. 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 SILN0?
- The app switches its default to the next listed month on June 22, 2030, which is SILU0. 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 SILN0 worth?
- One tick of 0.005 is $5.00 per contract, and a full point is $1,000.00, on a multiplier of 1000.
- Does SILN0 really stop trading on June 26, 2030?
- No. SILN0 keeps quoting until July 29, 2030, the third-to-last business day of its delivery month. June 26, 2030 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.