CLQ6 - WTI Crude Oil Futures (August 2026)
WTI Crude Oil Futures August 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.
As of Jul 16, 2026: spot at $79.05, max pain $76.50, net GEX $156.2M.
- Sector
- Energy Futures
- Industry
- Energy Futures
- Exchange
- NYMEX
CLQ6 Contract Specifications
- Contract Month
- August 2026
- Month Code
- Q (August)
- 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
CLQ6 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 CLQ6 Fits in the Futures Curve
CLQ6 is the August 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.
What CLQ6 Looks Like to Options Traders Today
positive net gamma exposure ($156.2M) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes.
What This Page Covers
The CLQ6 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 CLQ6 overview questions
- What is CLQ6?
- CLQ6 is the ticker symbol for WTI Crude Oil Futures (August 2026), a listed futures contract. WTI Crude Oil Futures August 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. CLQ6 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 does the CLQ6 options snapshot look like today?
- As of Jul 16, 2026, the CLQ6 options snapshot shows spot at $79.05, max pain $76.50, net GEX $156.2M. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
- What are CLQ6's key statistics?
- WTI Crude Oil Futures (August 2026) (CLQ6) carries a August 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 CLQ6 futures contract?
- CLQ6 is the August 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 CLQ6 data on this page?
- The options snapshot above is dated Jul 16, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. 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.