Senzoukria · Futures contracts

ZLK7 expiry: May 14, 2027

ZLK7 is the May 2027 delivery of Soybean Oil on CBOT. Its last trading day is May 14, 2027, and the app moves its default to the next listed month on May 10, 2027, 4 calendar days earlier. One tick is 0.01, worth $6.00, on a multiplier of 600.

Updated September 2026First published 16 October 2026

On this page
  1. Contract specifications
  2. When ZLK7 stops trading
  3. When the volume actually leaves
  4. What one tick is worth on ZLK7
  5. Every ZL delivery listed in 2027
  6. Related pages
  7. In the same section
  8. This page in other languages
  9. Frequently asked questions

Contract specifications

Contract symbol
ZLK7
Product
Soybean Oil (ZL)
Exchange
CBOT
Delivery month
May 2027 (code K)
Last trading day
May 14, 2027
Default rolls on
May 10, 2027 (4 days before)
Tick size
0.01
Tick value
$6.00
Point value
$600.00
Next delivery
ZLN7 (July 14, 2027)

When ZLK7 stops trading

Trading terminates on the business day preceding the 15th calendar day of the contract month. For ZLK7 that falls on May 14, 2027.

Senzoukria stops offering ZLK7 as the default contract on May 10, 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

Grain contracts follow the crop calendar rather than the quarter, so the listed months are uneven and the roll dates do not fall at regular intervals. The active month is the one carrying the volume, not the nearest by date.

For ZLK7 the next listed delivery is ZLN7, whose last trading day is July 14, 2027. That is the contract the volume moves into, just as it moved out of ZLH7 on March 8, 2027.

What one tick is worth on ZLK7

The minimum price fluctuation is 0.01, which is $6.00 per contract on a multiplier of 600. A full point is therefore $600.00. 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 0.01 sets how finely the bid and ask volume of ZL 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 ZLK7 position and the rows of its footprint come from the same numbers.

Every ZL delivery listed in 2027

ZL lists 8 delivery months a year (F, H, K, N, Q, U, V, Z). ZLK7 is number 3 of 8 in 2027.

ZL 2027: last trading day and roll date of every listed delivery
ContractDeliveryLast trading dayDefault rolls on
ZLF7Jan 2027Jan 14, 2027Jan 10, 2027
ZLH7Mar 2027Mar 12, 2027Mar 8, 2027
ZLK7 (this page)May 2027May 14, 2027May 10, 2027
ZLN7Jul 2027Jul 14, 2027Jul 10, 2027
ZLQ7Aug 2027Aug 13, 2027Aug 9, 2027
ZLU7Sep 2027Sep 14, 2027Sep 10, 2027
ZLV7Oct 2027Oct 14, 2027Oct 10, 2027
ZLZ7Dec 2027Dec 14, 2027Dec 10, 2027

In the same section

This page in other languages

Frequently asked questions

When does ZLK7 expire?
The last trading day of ZLK7 is May 14, 2027. Trading terminates on the business day preceding the 15th calendar day of the contract month.
When should I roll out of ZLK7?
The app switches its default to the next listed month on May 10, 2027, which is ZLN7. 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 ZLK7 worth?
One tick of 0.01 is $6.00 per contract, and a full point is $600.00, on a multiplier of 600.
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