Ethanol (EL) futures: tick value, specs & position size
One EL tick is 0.0025 USD per gallon = $105.00 per tick, and one point is $42,000.00 per point. A 0.05-point stop risks $2,100 per EL.
EL contract specifications
- Tick size
- 0.0025 USD per gallon
- Tick value
- $105.00 per tick
- Point value
- $42,000.00 per point
- Contract size
- 42,000 gallons
- Exchange
- NYMEX
- Hours
- Sunday to Friday, with specific trading sessions
Verified against CME Group on October 27, 2026. Official EL contract specifications.
What an EL stop costs
Dollar risk per contract for common stop distances, across the EL family. Before commissions.
| Stop | Ticks | EL |
|---|---|---|
| 0.01 pts | 4 | $420 |
| 0.02 pts | 8 | $840 |
| 0.025 pts | 10 | $1,050 |
| 0.05 pts | 20 | $2,100 |
| 0.1 pts | 40 | $4,200 |
| 0.2 pts | 80 | $8,400 |
EL contract family
| Contract | Tick | Point value | Vs full |
|---|---|---|---|
| EL | 0.0025 | $42,000 | 1 |
EL contracts by account size
1% risk, 0.05-point stop, no commission.
| Account | EL |
|---|---|
| $25,000 | 0 |
| $50,000 | 0 |
| $100,000 | 0 |
| $150,000 | 0 |
Trading EL: what moves it and who trades it
NYMEX Denatured Fuel Ethanol futures (EL) replaced the delisted CBOT ethanol contract (EH). Each contract is 42,000 gallons. The Globex minimum price fluctuation is $0.0025 per gallon, or $105 per contract.
Related contracts
EL FAQ
How much is one EL point worth?
One point is $42,000.00 per point. That is tick value divided by tick size.
What is the EL tick value?
One tick is 0.0025 USD per gallon, worth $105.00 per tick.
What account size do I need for one EL?
At a 0.05-point stop, one EL risks $2,100 before commission. At 1% risk that is a $210,000 account. A smaller account can still trade a smaller contract in the same family when one exists.
Funded Futures Network
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