TTWO Pip Value Calculator | Take-Two Interactive

The formula is simple: Pip Value = Pip Size × Contract Size. For TTWO, that's 0.01 × 1 = $1.00 per pip, per contract. Pip size on TTWO is 0.01, reflecting the two-decimal price increments typical of U.S. equity CFDs. Contract size is 1 share equivalent. So if you're trading 10 contracts, your pip value scales to $10.00 per pip move. No currency conversion needed when your account is denominated in USD — the value stays fixed. Pulsar Terminal's built-in pip value calculator handles this automatically, pulling contract size and pip value directly from the instrument spec so you skip the manual lookup entirely.

Here's a concrete trade scenario. You enter a long position on TTWO at $162.40 across 5 contracts. Your stop-loss sits 80 pips below entry at $161.60. Risk per pip = $1.00 × 5 contracts = $5.00. Total risk on the trade = 80 pips × $5.00 = $400. The typical spread on TTWO runs 0.6 pips, which costs $0.60 per contract at entry — or $3.00 total on 5 contracts. That spread cost eats into your first 0.6 pips of movement immediately, so your effective breakeven isn't $162.40, it's $162.46. Factor that into your target calculation. A 1:2 risk-reward setup here means targeting 160 pips of upside — a $800 gross gain before spread — placing your take-profit near $164.00.

Most traders set stop-losses in price terms and forget to convert back to dollar risk. That's backwards. Start with your maximum dollar risk per trade — say $200 on a $10,000 account at 2% — then work out how many pips and contracts that allows. At $1.00 per pip per contract, $200 buys you 200 pips of stop distance on 1 contract, or 100 pips on 2 contracts. TTWO has shown intraday ranges exceeding 300 pips during earnings releases — most recently in Q3 2024 when the stock swung sharply on Grand Theft Auto VI development updates. Sizing based on volatility context, not just a fixed pip count, keeps your dollar risk consistent regardless of market conditions. Fixed pip value makes this math clean. Use it.