Heating Oil Futures (HO) provide traders with exposure to heating oil/diesel fuel prices. These contracts allow for speculation on distillate fuel price movements, hedging heating and transportation fuel costs, or diversifying energy investment portfolios with exposure to middle distillates.
Contract Size: 42,000 gallons (1,000 barrels)
Example: This contract size allows traders to gain exposure to energy with controlled leverage and risk.
These specifications make Heating Oil (HO) Futures suitable for traders seeking exposure to energy markets.
Heating Oil (HO) Futures trade with extended hours, providing flexibility for traders in different time zones.
Platform Symbol: HO
To trade Heating Oil (HO) Futures, you'll need to meet specific margin requirements. Check with your broker for the latest margin rates and details.
Proper position sizing is crucial when trading Heating Oil (HO) Futures. Use our position size calculator to determine the optimal number of contracts based on your risk tolerance and account size.
For Heating Oil (HO) Futures (HO):
If you want to risk $500 with a 10-point stop loss:
Risk per Contract = Stop Loss in Points × Point Value = 10 × 420.00 per 0.01 = $4200
Maximum Contracts = Risk Amount ÷ Risk per Contract = $500 ÷ $4200 = 0 contracts