Calculators

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Futures Per-Tick Calculator 

What It Does Spits out the per-tick value of a futures option based on tick size, contract multiplier, and your option’s delta. Pick from CME’s top 20 liquid futures—like ES, NG, or CL—or go rogue with manual entries from your cheat sheets. It’s all about that cash per tick.

Why Use ItFutures options are your ticket to big moves, but you need to know what each tick’s worth—especially when delta’s in play. This calculator keeps you from guessing if that NG strangle’s gonna fund your yacht or just your next coffee. Perfect for your trading strategies and Series 3 toolkit.

How to Use It

• Select Futures Contract: Choose from the dropdown (e.g., NG for Natural Gas) or hit “Other” for custom stuff.  
• Tick Size: Auto-fills for CME picks (e.g., 0.001 for NG) or enter your own (check my cheat sheets page).  
• Contract Multiplier: Preloads for each contract (e.g., 10,000 for NG) or type it in.  Cheat Sheet
• Option Delta: Pop in your delta (0-1, e.g., 0.5)—how much your option tracks the futures.  
• Hit Calculate: Boom—per-tick value in dollars. Bigger number, bigger grin.

Carl’s Take “Ticks are where the money hides—this thing’s my treasure map. Try NG with 0.001, 10,000, and 0.5 delta—see the cash flow.

Custom Calculator Takes your trade’s max profit, buying power (DB), days to expiration (DTE), implied volatility (IV), and delta, then crunches them into a “Risk Value” percentage. It’s a custom brew—think of it as a crystal ball for how dicey your futures options position might get.

Why Use It You’re juggling profit and risk like a circus pro—this calculator tells you if your trade’s a tightrope walk or a cozy hammock. Great for sizing up options moves.

How to Use It

• Profit: Enter your trade’s profit in dollars (e.g., 500)—what you’re up so far.  
• DB: Your buying power or “dollars at bat” (e.g., 1000)—cash you’ve got in the game.  
• DTE: Days to expiration (e.g., 30)—how long your option’s got left to dance.  
• IV: Implied volatility as a percentage (e.g., 25)—the market’s wiggle factor.  
• Delta: Your option’s delta (e.g., 0.5)—how much it tracks the underlying.  
• Hit Calculate: Get your Risk Value as a percentage—low means chill, high means buckle up.

Carl’s Take “This is my ‘don’t get smoked’ meter—plug in 500 profit, 1000 DB, 30 DTE, 25 IV, 0.5 delta, and see if you’re golden or toast.

What It Does? It cranks out your profit or loss on a futures strangle (call + put options) as the underlying—like natural gas (NG)—jumps around. It adjusts deltas dynamically with a gamma kick and uses tick size × delta × multiplier (e.g., 0.001 × delta × 10,000 for NG).

Why Use It Strangles are your volatility playground—buy a call and put, bet on a big swing, and pray you don’t get stuck in the mud. This calculator shows if you’re banking cash or just buying the market a beer. Great for sizing up options spreads.

How to Use It

• Tick Size: Pop in the contract’s tick increment (e.g., 0.001 for NG). Check CME specs if you’re unsure.  
• Tick Value: Dollars per tick (e.g., $10 for NG)—how much each wiggle’s worth.  
• Contract Multiplier: The contract’s size (e.g., 10,000 for NG)—big number, big stakes.  Cheat Sheet
• Call Delta: Starting call delta (0-100, e.g., 50)—how much it tracks the underlying.  
• Put Delta: Starting put delta (0-100, e.g., 50)—same deal, downside edition.  
• Ticks Moved: How many ticks the futures moved (e.g., 10 for up, -10 for down).  
• Hit Calculate: Boom—P/L in dollars. Positive? You’re a genius. Negative? Call it tuition.

Carl’s Take “Strangles are chaos theory—this calculator keeps the chaos profitable. Plug in NG’s 0.001, $10, 10,000, and watch the magic. 

"Buying a futures contract solo? You’re on the hook for margin—a cash deposit to keep your broker from sweating if your trade flops. As the market swings, that margin dances—up when you’re winning, down when you’re not. Want to tame it? Hedge with an opposite call or put option. It’s like a safety net for you and the broker, slashing your risk and—bam—your margin drops. How much? Depends on the option’s delta. The higher the delta, the bigger the relief, credited instantly against your futures position. Our calculator spits out a quick estimate based on your initial futures margin. It’s not the CME’s fancy SPAN system (that beast crunches volatility and more), but it’s a damn handy tool for your daily grind. Try it below!"

 This calculator gauges if your trade’s worth it by comparing notional value (price × multiplier) to cost—higher ratio, better value.

Why Use It: Checks if your futures, options, or stocks give you big control for little cash—works on any broker.

How to Use It: Enter current price (e.g., 0.62765 for 6A), multiplier (e.g., 100,000 for 6A, 100 for stocks), and cost (e.g., $433 from TastyTrade BP). Calculate—144.977 means $62,765 controlled! Cheat Sheet

Carl’s Take: My cash-efficiency radar—high ratio’s a steal. 

Futures P/L Calculators or Same Products CalculatorWhat It Does: Takes your futures spread (long and short legs of the same contract), tick size, tick value, and contracts, then cranks out your profit or loss in cold, hard cash. Works with those funky 32nds prices (e.g., 113'22).

Why Use It: Trading the same futures contract in a spread—like a calendar or butterfly? This tells you if you’re raking it in or just feeding the market sharks.

How to Use It: Enter tick size (e.g., 0'001), tick value (e.g., $10), multiplier (e.g., 400), contracts (e.g., 2), then your entry/exit prices for long and short legs (e.g., 113'22 to 114'01). Hit Calculate—profit or loss pops up.

Carl’s Take: “Spreads are my jam—this keeps me from guessing if I’m up or down. 

Different Products Calculator What It Does: Calculates profit/loss for spreads across two different futures contracts—like wheat vs. corn or crude vs. nat gas. Handles separate tick sizes and values, then totals your haul.

Why Use It: Playing inter commodity spreads? This shows if your gold-copper ratio bet or cattle-hog play paid off—keeps your futures options game tight.

How to Use It: Plug in tick size, value, and multiplier for Product A (long) and B (short)—say, 0'001/$10/400 for wheat, 0'002/$5/200 for corn. Add contracts (e.g., 1), then entry/exit prices (e.g., 600'00 to 610'00, 400'00 to 390'00). Click Calculate—see the dollars. Cheat Sheet

Carl’s Take: “I love pitting one contract against another—this tells me who’s winning. Pair it with my Wheat-Corn Spread post!”

Hedge Calculator Description What It Does: Punch in your portfolio value and the current MES/ES price, and this baby spits out how many MES (Micro E-mini S&P 500) or ES (E-mini S&P 500) futures contracts you need to hedge your stash. MES moves at $5 per point, ES at $50—simple math, big protection. Why Use It: Markets tanking? This hedges your bets so you’re not crying into your coffee when the S&P dives. Perfect for keeping your futures portfolio from turning into a pumpkin. How to Use It: Enter your total portfolio bucks (say, $10,000) and today’s MES/ES price (like 5000). Hit Calculate—boom, you’ll see MES contracts (e.g., 2) and ES contracts (e.g., 1). Pick your flavor and lock in that hedge. Carl’s Take: “I use this to sleep at night”

What It DoesThis Super Calculator crunches everything—plug in your positions for any futures or stocks, stack as many contracts as you want, and get the full scoop: notional-to-cost ratio, profit per tick, total ticks moved, and total P/L. From micros to macros, it’s your trading command center.

Why Use It Want to know if your 6A spread’s buying you a yacht or a ramen noodle subscription? This beast gauges value across all 100 futures  on my cheat sheet—shows how much you control per buck, what each tick’s worth, and your total haul (or headache). No more guessing—stack trades, see the cash.

How to Use It

• Enter Current Price (e.g., 0.62765 for 6A), Multiplier (100,000), Total Cost ($2,970 for 2 contracts), Tick Size (0.0005), and Per-Tick Value ($5)—grab these from my cheat sheet.  
• Hit “Add Contract” for each position—say, 1 Long at 0.62765 entry, 0.63000 exit; then 1 Short at 0.63100 entry, 0.62800 exit.  
• Calculate—see Ratio (control per dollar), P/L per Tick ($5), Total Ticks (net move), and Total P/L (e.g., $42.50 profit). Pile on as many as you want—flip longs to shorts, mix it up!

Carl’s Take“From 6A to ZW, this is my trading war room—stack contracts like a boss, see ticks and cash roll in. Pair it with a spread from my site and laugh all the way to the bank