YM Futures (E-mini Dow): Tick Value, Expiries, Order Flow

YM contract specifications

The rulebook defines YM as $5 times the Dow Jones Industrial Average, quoted in index points. The minimum increment is 1 point, equal to $5 per contract. Every tick is a full point, so one index point is worth $5. YM is cash-settled: the expiring month settles to a special opening quotation of the index on the third Friday of the contract month. Senzoukria's contract table carries the same tick, multiplier and venue (CBOT); the simulated account, the picker's tick hint and the heatmap's price grid read them from it.

YM expiry rule and next contracts

Trading in an expiring YM contract ends at the regularly scheduled start of trading on the New York Stock Exchange on the day of the final settlement price, the third Friday of the contract month. If the index is not scheduled to be published that Friday, settlement moves to the first preceding business day on which it is.

June 18, 2027 is the observed Juneteenth holiday, so the exchange calendar puts the YMM7 last trading day on June 17, 2027. Senzoukria's expiry engine counts Monday to Friday without a holiday table and uses June 18, 2027 instead, so its picker keeps YMM7 listed until then. For YMZ6, the default moves to the next listed month on December 10, 2026 (8 calendar days before December 18, 2026), and YMZ6 stays selectable with its badge until that date.

YM tick value and P&L arithmetic

• 10 ticks (10 points) = 10 × $5 = $50 per contract.
• A 40-point stop is 40 ticks: 40 × $5 = $200 per contract, $600 on 3 contracts.
• The same 40 points on MYM are worth $20 per contract.
• One tick of slippage, the automatic backtest's default, costs $5 per YM contract on each entry.

Reading YM order flow

With row resolution off, Senzoukria's default, a YM footprint shows one row per index point, each cell holding the volume traded at the bid and at the ask at that exact price. The fixed choices give 2 ticks = 2, 4 ticks = 4, 8 ticks = 8, 16 ticks = 16, 32 ticks = 32 points per row; grouping keeps bar totals exact, but the POC then names a row instead of a price.

YM trades in whole index points: the rulebook sets the minimum increment at 1.00 point and states that contracts shall not be made on any other price basis. Prices on Senzoukria's axes and ladder are therefore printed without decimals, since the display precision follows the tick.

YM is listed on CBOT, not CME, and Senzoukria subscribes to it with the CBOT venue code from its contract table; a Dow contract requested on the wrong venue would leave the book empty. MYM shares the Dow and the 1-point tick at one tenth of the value and does not trade while the primary YM month is halted.

Using YM in Senzoukria

• Symbol picker on a Rithmic or Databento CME source: type YM; on September 25, 2026 the listed contract is YMZ6 (December 2026).
• Heatmap and DOM show the book of that exact contract; the heatmap ladder header names the contract and its venue, CBOT.
• GEX overlay: levels computed from DIA options are converted to the YM price with a spot ratio and labelled with the underlying ("CW · DIA"); an options data source is required.
• Replay lists YM in the Indices group and replays the broker's tick history, without the order book. In the automatic backtest, set Point value ($) to 5; the field defaults to 2, the MNQ value.