Orange Juice Futures (OJ) provide traders with exposure to the frozen concentrated orange juice market. These contracts allow for speculation on orange juice prices, hedging for producers and beverage manufacturers, or weather-related trading strategies.
Contract Size: 15,000 pounds
Example: This contract size allows traders to gain exposure to softs with controlled leverage and risk.
These specifications make Orange Juice (OJ) Futures suitable for traders seeking exposure to softs markets.
Orange Juice (OJ) Futures trade with extended hours, providing flexibility for traders in different time zones.
Platform Symbol: OJ
To trade Orange Juice (OJ) 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 Orange Juice (OJ) Futures. Use our position size calculator to determine the optimal number of contracts based on your risk tolerance and account size.
For Orange Juice (OJ) Futures (OJ):
If you want to risk $500 with a 10-point stop loss:
Risk per Contract = Stop Loss in Points × Point Value = 10 × 150.00 per cent = $1500
Maximum Contracts = Risk Amount ÷ Risk per Contract = $500 ÷ $1500 = 0 contracts