Coffee trade

[jjanguda]

For ES, its tick price is $12.50 and 4 ticks equal to 1 point.
How about coffee? What is its contract price per tick and how many ticks per point?

thank you

[staycool3_a]

For ES, its tick price is $12.50 and 4 ticks equal to 1 point.
How about coffee? What is its contract price per tick and how many ticks per point?

thank you

Coffee is 50 cents at wawa



















...sorry couldn't help it

[NinjaTrader_Jason]

Hello jjanguda,

Can you please go to Control Center-->Tools-->Instruments. Type "coffee" in the Search field and double click the KC futures. A new window will open up with the tick size and point value which 0.05 and 375 respectively. This means the tick size value is 18.75 (375 / 20 - there are 20 ticks in 1 point)

[jjanguda]

Thank you Jason.

When someone says that he trades coffee and makes 10 points with 1 contract, it means that he makes $3750 ($18.75 x 10 points x 20 ticks)?

Is my calculation correct?

thanks again

[NinjaTrader_Jason]

Yes, 10 points equal to $3750 as 1 point equals to $375.