CL tick value and position size.
CL is the WTI Crude Oil contract. One tick on CL is 0.01 points, worth $10.00 per contract. A full point is $1,000.00. Below: the CL specification, a position-size calculator set to CL, and the arithmetic behind both.
Want more market insights? Get the free newsletter →
CL in dollars.
| Symbol | CL |
|---|---|
| Contract | WTI Crude Oil |
| Dollars per point | $1,000.00 |
| Tick size | 0.01 |
| Dollars per tick | $10.00 |
| Ticks per point | 100 |
| Sibling contract | MCL, the smaller contract ($100.00 per point) |
Read from TradingView’s own symbol data for the continuous contract. Exchanges can change contract terms, so check your broker’s specification before sizing real money.
Create a free account to use this
It is free. One click with Google or a sign-in link by email. Members get more.
Create a free account with emailAlready have one? Sign in
CL stop distance in dollars.
| Ticks | Points | $ per contract |
|---|---|---|
| 1 | 0.01 | $10.00 |
| 4 | 0.04 | $40.00 |
| 10 | 0.1 | $100.00 |
| 20 | 0.2 | $200.00 |
| 40 | 0.4 | $400.00 |
| 100 | 1 | $1,000.00 |
Before costs. Each row is ticks × 0.01 = points, and points × $1,000.00 = dollars per contract.
CL in one line each.
How much is one tick on CL?
One CL tick is 0.01 points and is worth $10.00 per contract.
What is one point on CL worth?
$1,000.00 per contract for every 1.00 move in price. One point is 100 ticks of 0.01.
How many CL contracts does a $1,000.00 risk budget allow?
It depends on the stop. With a 40-tick stop (0.4 points) and $1.50 of costs per contract, each CL contract risks $401.50, so $1,000.00 allows 2, rounded down.
What is the smaller version of CL?
MCL. It moves $100.00 per point against $1,000.00 for CL, so one CL carries the point value of 10 MCL. Both tick in steps of 0.01.
Does the calculator place a trade or connect to a broker?
No. It is arithmetic that runs in your browser. Nothing you type is sent anywhere, and nothing here places, routes or manages an order.
The same page for every contract.
Or size any market, including stocks, ETFs and crypto, on the free tools page.
Related, and free.
APOLLO ONE and every premium tool, one membership.
$49.99/month, or $399/year. Monthly cancels whenever you want. Access goes to the TradingView username you give at checkout. The public tools stay free.
Secure checkout by Stripe. After you pay, access goes to the TradingView username you give at checkout (a free TradingView plan works), automatically within about 15 minutes, under Indicators → Invite-only scripts. How access works.