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Contract specifications
- Contract symbol
- ZLV8
- Product
- Soybean Oil (ZL)
- Exchange
- CBOT
- Delivery month
- October 2028 (code V)
- Last trading day
- October 13, 2028
- Default rolls on
- October 9, 2028 (4 days before)
- Tick size
- 0.01
- Tick value
- $6.00
- Point value
- $600.00
- Next delivery
- ZLZ8 (December 14, 2028)
When ZLV8 stops trading
Trading terminates on the business day preceding the 15th calendar day of the contract month. For ZLV8 that falls on October 13, 2028.
Senzoukria stops offering ZLV8 as the default contract on October 9, 2028, 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 ZLV8 the next listed delivery is ZLZ8, whose last trading day is December 14, 2028. That is the contract the volume moves into, just as it moved out of ZLU8 on September 10, 2028.
What one tick is worth on ZLV8
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 ZLV8 position and the rows of its footprint come from the same numbers.
Every ZL delivery listed in 2028
ZL lists 8 delivery months a year (F, H, K, N, Q, U, V, Z). ZLV8 is number 7 of 8 in 2028.
| Contract | Delivery | Last trading day | Default rolls on |
|---|---|---|---|
| ZLF8 | Jan 2028 | Jan 14, 2028 | Jan 10, 2028 |
| ZLH8 | Mar 2028 | Mar 14, 2028 | Mar 10, 2028 |
| ZLK8 | May 2028 | May 12, 2028 | May 8, 2028 |
| ZLN8 | Jul 2028 | Jul 14, 2028 | Jul 10, 2028 |
| ZLQ8 | Aug 2028 | Aug 14, 2028 | Aug 10, 2028 |
| ZLU8 | Sep 2028 | Sep 14, 2028 | Sep 10, 2028 |
| ZLV8 (this page) | Oct 2028 | Oct 13, 2028 | Oct 9, 2028 |
| ZLZ8 | Dec 2028 | Dec 14, 2028 | Dec 10, 2028 |
Related pages
- ZL — Soybean Oil
- Contract roll
- Futures month codes
- Tick value
- Front month contract
- Roll yield
- Back month contract
- ZLZ8
- ZLU8
- ZL 2028
- ZMV8
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Frequently asked questions
- When does ZLV8 expire?
- The last trading day of ZLV8 is October 13, 2028. Trading terminates on the business day preceding the 15th calendar day of the contract month.
- When should I roll out of ZLV8?
- The app switches its default to the next listed month on October 9, 2028, which is ZLZ8. 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 ZLV8 worth?
- One tick of 0.01 is $6.00 per contract, and a full point is $600.00, on a multiplier of 600.