CLN6 - WTI Crude Oil Futures (July 2026)
WTI Crude Oil Futures July 2026 contract: NYMEX WTI Crude Oil futures (CL): the global benchmark for North American crude oil pricing, settling against physically deliverable barrels at Cushing, OK.
- Sector
- Energy Futures
- Industry
- Energy Futures
- Exchange
- NYMEX
CLN6 Contract Specifications
- Contract Month
- July 2026
- Month Code
- N (July)
- Root
- CL
- Underlying
- WTI Crude Oil Futures
- Exchange
- NYMEX
- Contract Size
- 1,000 barrels of WTI crude oil
- Point Value
- $1000 per dollar
- Tick Size
- $0.01 per barrel
- Tick Value
- $10.00 per tick
CLN6 Settlement and Trading Hours
Settlement: Physically delivered at Cushing, OK; trading terminates at the close of the third business day prior to the 25th calendar day of the month preceding delivery.
Trading hours: Globex Sunday-Friday 6:00 PM - 5:00 PM ET.
How CLN6 Fits in the Futures Curve
CLN6 is the July 2026 listing of the WTI Crude Oil Futures contract. Each listed expiration carries its own implied-volatility surface, term structure position, and basis to the underlying instrument. The front-month contract typically dominates volume and is the reference for options-on-futures pricing; back-month contracts price the term structure of the underlying's volatility and (for physically-delivered commodities) the carry between spot and forward.
CLN6 Options Snapshot
Options pricing data for CLN6 is refreshed daily after the close. When listed contracts exist, this page surfaces the latest at-the-money implied volatility, max pain strike, dealer gamma exposure (GEX), and 25-delta skew. Listed contracts and live snapshots appear once the options chain has been published by the exchange for the most recent session.
What This Page Covers
The CLN6 overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks.
Frequently asked CLN6 overview questions
- What is CLN6?
- CLN6 is the ticker symbol for WTI Crude Oil Futures (July 2026), a listed futures contract. WTI Crude Oil Futures July 2026 contract: NYMEX WTI Crude Oil futures (CL): the global benchmark for North American crude oil pricing, settling against physically deliverable barrels at Cushing, OK. Listed on NYMEX. CLN6 is the listed futures symbol shown on this page; futures traders use the contract for directional exposure, hedging the underlying instrument, and as the delivery instrument for options-on-futures structures.
- What are CLN6's key statistics?
- WTI Crude Oil Futures (July 2026) (CLN6) carries a July 2026 expiry on the NYMEX-listed WTI Crude Oil Futures contract, with a $1000 per dollar point value. Full contract specifications including settlement convention, tick size, and curve term-structure context are on the contract reference block above. Options-on-futures pricing references these spec fields directly via the multiplier and exchange contract rules.
- What underlies the CLN6 futures contract?
- CLN6 is the July 2026 listing on the WTI Crude Oil Futures contract, traded on the NYMEX. Each listed expiration carries its own implied-volatility surface, term-structure position relative to other listed months, and (for physically-delivered contracts) basis to the spot underlying. Front-month contracts dominate volume and serve as the reference for options-on-futures pricing; back-month contracts price the term structure of the underlying's volatility.
- How current is the CLN6 data on this page?
- Options snapshots refresh after each trading session; if no snapshot is currently posted for CLN6, it usually reflects low options liquidity or a recently listed name. Contract specifications come from the listing exchange (NYMEX) and do not change over the life of the contract once listed. Options-on-futures data, when available, refreshes after each trading session. There is no equity-style FINRA reporting or sell-side analyst coverage for futures contracts.