a move in ZB from 151.00 to 152.00 ??

Discussion in 'Financial Futures' started by md2324, Jan 13, 2017.

  1. md2324

    md2324

    I think I know the answer to my question , but want to confirm it with other Traders who are more knowledgeable in Financial Futures

    Is a move in ZB from 151.00 to 152.00 = $3,125 ?

    And if so, then are the following calculations correct :

    a move in ZN from 151.00 to 152.00 = $1,562

    a move in ZF from 151.00 to 152.00 = $781

    a move in ZT from 151.00 to 152.00 = $3.125


    I'm not sure if these are correct calculations ?

    Thanks so much
     
  2. atrp2biz

    atrp2biz

    The notional value of ZB is x1000 which is currently $152 x 1000 = $152,000

    The tick size is in 32s which makes a tick equal to $31.25. So a move from $151 to $152 is worth $1000.

    Ticks in options are in 64s.

    ZN is quoted in halves of 32s or $15.625 per half 32. But a $1 move in ZN is still worth $1000.

    ...and so on.
     
    Last edited: Jan 13, 2017
    md2324, drm7 and Baron like this.
  3. Handle123

    Handle123

    md2324 likes this.