Natural Gas (NG) futures: tick value, specs & position size
One NG tick is 0.001 USD per MMBtu = $10.00 per tick, and one point is $10,000.00 per point. A 0.02-point stop risks $200 per NG.
NG contract specifications
- Tick size
- 0.001 USD per MMBtu
- Tick value
- $10.00 per tick
- Point value
- $10,000.00 per point
- Contract size
- 10,000 MMBtu (million British thermal units)
- Exchange
- NYMEX
- Hours
- Sunday to Friday, nearly 24 hours a day with a short break
Verified against CME Group on October 27, 2026. Official NG contract specifications.
What a NG stop costs
Dollar risk per contract for common stop distances, across the NG family. Before commissions.
| Stop | Ticks | NG |
|---|---|---|
| 0.004 pts | 4 | $40 |
| 0.008 pts | 8 | $80 |
| 0.01 pts | 10 | $100 |
| 0.02 pts | 20 | $200 |
| 0.04 pts | 40 | $400 |
| 0.08 pts | 80 | $800 |
NG contract family
| Contract | Tick | Point value | Vs full |
|---|---|---|---|
| NG | 0.001 | $10,000 | 1 |
NG contracts by account size
1% risk, 0.02-point stop, no commission.
| Account | NG |
|---|---|
| $25,000 | 1 |
| $50,000 | 2 |
| $100,000 | 5 |
| $150,000 | 7 |
Trading NG: what moves it and who trades it
Natural Gas Futures (NG) provide traders with exposure to natural gas prices. These contracts are widely used for speculation on natural gas price movements, hedging energy costs for businesses, or diversifying energy investment portfolios.
Related contracts
NG FAQ
How much is one NG point worth?
One point is $10,000.00 per point. That is tick value divided by tick size.
What is the NG tick value?
One tick is 0.001 USD per MMBtu, worth $10.00 per tick.
What account size do I need for one NG?
At a 0.02-point stop, one NG risks $200 before commission. At 1% risk that is a $20,000 account. A smaller account can still trade a smaller contract in the same family when one exists.