Risk management tool · Heating Oil

Heating Oil Position Calculator

Calculate your ideal position size for Heating Oil (HO/ULSD) based on account size, risk tolerance, and stop loss distance.

Contract specs: 1 standard lot = 42,000 gallons · 1 mini lot = 4,200 gallons · 1 micro lot = 420 gallons · Tick size = $0.0001/gallon
USD
%
USD/gal
Dollar distance from entry to stop. E.g. entry at $2.60, stop at $2.55 → enter 0.05
USD
Used to calculate notional value of the position.
Please fill in all fields with valid positive values.
Results
Amount at Risk —
Position Size (gallons) —
Standard Lots (42,000 gal) —
Mini Lots (4,200 gal) —
Micro Lots (420 gal) —
Value per $0.01 Move —