M2K tick value and position size.
M2K is the Micro E-mini Russell 2000 contract. One tick on M2K is 0.1 points, worth $0.50 per contract. A full point is $5.00. Below: the M2K specification, a position-size calculator set to M2K, and the arithmetic behind both.
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M2K in dollars.
| Symbol | M2K |
|---|---|
| Contract | Micro E-mini Russell 2000 |
| Dollars per point | $5.00 |
| Tick size | 0.1 |
| Dollars per tick | $0.50 |
| Ticks per point | 10 |
| Sibling contract | RTY, the larger contract ($50.00 per point) |
Read from CME Group’s published M2K contract specification. Exchanges can change contract terms, so check your broker’s specification before sizing real money.
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M2K stop distance in dollars.
| Ticks | Points | $ per contract |
|---|---|---|
| 1 | 0.1 | $0.50 |
| 4 | 0.4 | $2.00 |
| 10 | 1 | $5.00 |
| 20 | 2 | $10.00 |
| 40 | 4 | $20.00 |
| 100 | 10 | $50.00 |
Before costs. Each row is ticks × 0.1 = points, and points × $5.00 = dollars per contract.
M2K in one line each.
How much is one tick on M2K?
One M2K tick is 0.1 points and is worth $0.50 per contract.
What is one point on M2K worth?
$5.00 per contract for every 1.00 move in price. One point is 10 ticks of 0.1.
How many M2K contracts does a $1,000.00 risk budget allow?
It depends on the stop. With a 40-tick stop (4 points) and $1.50 of costs per contract, each M2K contract risks $21.50, so $1,000.00 allows 46, rounded down.
What is the larger version of M2K?
RTY. It moves $50.00 per point against $5.00 for M2K, so 10 M2K carry the point value of one RTY.
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.
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