Finance Tools
Oil Position Size Calculator
Estimate how many oil futures contracts you can trade based on account size, risk per trade, stop distance ($/barrel), and contract size (barrels per contract).
Position sizing uses a simple risk model: decide how much you can lose if your stop is hit, then compute how many contracts fit inside that risk budget.
Your trading account equity (or the capital allocated to this strategy).
Common ranges: 0.25%–2% depending on strategy and volatility.
How far price can move against you before you exit.
Contract size (varies by product).
Futures contracts are discrete. “Round down” is typical risk management.
Risk budget: $500.00 (1.00% of $50000.00)
Risk per contract: $2000.00 (stop 2.00 × 1,000 bbl)
Estimated contracts: 0 (raw: 0.250)
Total risk if traded: $0.00
Unused risk budget: $500.00
This assumes you exit exactly at the stop. Slippage and gaps can increase realized loss.
How to use this oil position size calculator
- Enter your account size and the percent you want to risk per trade.
- Enter your stop distance (how many $/barrel against you).
- Enter barrels per contract (contract size).
- Review risk per contract and the estimated number of contracts to trade.
Example
If account is $50,000, risk is 1%, stop is $2/bbl, and 1,000 bbl/contract:
- Risk budget = 50,000 × 1% = $500
- Risk per contract = 2 × 1,000 = $2,000
- Contracts ≈ 500 ÷ 2,000 = 0.25 → 0 contracts (too large)
- Smaller contract size or tighter stop needed
More tools in Finance Tools
- Oil Futures Margin & Risk Calculator
Estimate margin requirement, notional exposure, leverage, and risk per move for an oil futures position using contracts, contract size, price, and margin rate.
- Oil Hedging Ratio Calculator
Estimate how many oil futures contracts you need to hedge a physical exposure, based on volume (barrels) and contract size.
- Oil Futures P/L Calculator
Estimate profit/loss for an oil futures position using entry price, exit price, number of contracts, and contract size (barrels per contract).
- Oil Price Sensitivity Calculator
Estimate how changes in oil price affect your costs or revenue using volume exposure (barrels), price change, and optional pass-through rate.