ZW — Chicago SRW Wheat (5,000 bu)
CBOT · Globex outright increments, verified against CME contract specifications. One tick of ZW is $12.50 per contract.
ZW contract specs
- Tick size
- 1/4 ¢/bu
- Tick value
- $12.50
- Point value
- $50 per 1¢
Quick move-to-dollars calculator
Sizing ZW? In the futures risk panel, pick Custom… and enter 50 as the $ per point (a move of 1¢) and 0.25 as the tick size. Type Entry, Stop and Target in cents: 450'2 is 450.25, not 450.2. The panel then turns your stop distance and your risk per trade into a contract count. The full chart, covering index, energy, metals, Treasuries, FX and grains, is on the futures tick value cheat sheet.
Exchanges occasionally amend contract specs: confirm with your broker or cmegroup.com before relying on a value. Everything you enter stays in your browser. Educational tool, not financial advice. Futures trading involves substantial risk of loss.
Tick maths is the easy part. ImprintTrader scores whether the ZW setup matched your written rules — before you take it.
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