Calculate futures contract value, margin, and profit/loss from price movements.
e.g., ES=50, NQ=20, CL=1000
Formula: Contract Value = Price × Multiplier P&L = (Exit − Entry) × Multiplier × Contracts Short P&L = (Entry − Exit) × Multiplier × Contracts ROI on Margin = P&L / Initial Margin × 100
Futures Contract Basics
Futures are leveraged instruments where a small margin deposit controls a much larger notional value. This amplifies both gains and losses relative to the margin deposited.