diff --git a/Common/Data/Market/BaseContract.cs b/Common/Data/Market/BaseContract.cs
index 9ae321f0e7d4..19110435d8f0 100644
--- a/Common/Data/Market/BaseContract.cs
+++ b/Common/Data/Market/BaseContract.cs
@@ -67,6 +67,27 @@ public DateTime Time
         /// </summary>
         public virtual decimal LastPrice { get; set; }
 
+        /// <summary>
+        /// Value representation of this contract, mimicking <see cref="BaseData.Value"/>.
+        /// Aliases <see cref="LastPrice"/>.
+        /// </summary>
+        [PandasIgnore]
+        public virtual decimal Value => LastPrice;
+
+        /// <summary>
+        /// Alias of value as price, mimicking <see cref="BaseData.Price"/>.
+        /// Aliases <see cref="LastPrice"/>.
+        /// </summary>
+        [PandasIgnore]
+        public virtual decimal Price => LastPrice;
+
+        /// <summary>
+        /// Closing price of this contract, mimicking <see cref="TradeBar.Close"/>.
+        /// Aliases <see cref="LastPrice"/>.
+        /// </summary>
+        [PandasIgnore]
+        public virtual decimal Close => LastPrice;
+
         /// <summary>
         /// Gets the last volume this contract traded at
         /// </summary>
diff --git a/Common/Python/PandasData.cs b/Common/Python/PandasData.cs
index 9fecd394c7c4..397db63a41da 100644
--- a/Common/Python/PandasData.cs
+++ b/Common/Python/PandasData.cs
@@ -509,7 +509,10 @@ private List<DataTypeMember> GetTypeMembers(Type type)
             {
                 if (!_membersCache.TryGetValue(type, out typeMembers))
                 {
-                    var forcedInclusionMembers = LeanData.IsCommonLeanDataType(type)
+                    // Contracts (e.g. OptionContract, FuturesContract) expose their own representative price members
+                    // (LastPrice, BidPrice, ...) and mark the BaseData-like aliases (Value, Price, Close) with
+                    // PandasIgnore, so we don't want to force the Value member in as we do for custom data types.
+                    var forcedInclusionMembers = LeanData.IsCommonLeanDataType(type) || typeof(BaseContract).IsAssignableFrom(type)
                         ? Array.Empty<string>()
                         : _nonLeanDataTypeForcedMemberNames;
                     typeMembers = GetDataTypeMembers(type, forcedInclusionMembers).ToList();
diff --git a/Tests/Common/Data/Market/FuturesContractTests.cs b/Tests/Common/Data/Market/FuturesContractTests.cs
index 6a59e71b3bd5..0c8dba318459 100644
--- a/Tests/Common/Data/Market/FuturesContractTests.cs
+++ b/Tests/Common/Data/Market/FuturesContractTests.cs
@@ -91,6 +91,26 @@ public void TradeBarUpdate()
             Assert.AreEqual(0, futureContract.OpenInterest);
         }
 
+        [Test]
+        public void PriceValueAndCloseAliasLastPrice()
+        {
+            var futureContract = new FuturesContract(Symbols.Future_CLF19_Jan2019);
+
+            // No data yet, all aliases default to zero
+            Assert.AreEqual(0, futureContract.LastPrice);
+            Assert.AreEqual(futureContract.LastPrice, futureContract.Price);
+            Assert.AreEqual(futureContract.LastPrice, futureContract.Value);
+            Assert.AreEqual(futureContract.LastPrice, futureContract.Close);
+
+            var tradeBar = new TradeBar(new DateTime(2025, 12, 10), Symbols.Future_CLF19_Jan2019, 1, 2, 3, 4, 5);
+            futureContract.Update(tradeBar);
+
+            Assert.AreEqual(4, futureContract.LastPrice);
+            Assert.AreEqual(futureContract.LastPrice, futureContract.Price);
+            Assert.AreEqual(futureContract.LastPrice, futureContract.Value);
+            Assert.AreEqual(futureContract.LastPrice, futureContract.Close);
+        }
+
         [Test]
         public void OpenInterest()
         {
diff --git a/Tests/Common/Data/Market/OptionContractTests.cs b/Tests/Common/Data/Market/OptionContractTests.cs
new file mode 100644
index 000000000000..024821ba548c
--- /dev/null
+++ b/Tests/Common/Data/Market/OptionContractTests.cs
@@ -0,0 +1,73 @@
+/*
+ * QUANTCONNECT.COM - Democratizing Finance, Empowering Individuals.
+ * Lean Algorithmic Trading Engine v2.0. Copyright 2014 QuantConnect Corporation.
+ *
+ * Licensed under the Apache License, Version 2.0 (the "License");
+ * you may not use this file except in compliance with the License.
+ * You may obtain a copy of the License at http://www.apache.org/licenses/LICENSE-2.0
+ *
+ * Unless required by applicable law or agreed to in writing, software
+ * distributed under the License is distributed on an "AS IS" BASIS,
+ * WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, either express or implied.
+ * See the License for the specific language governing permissions and
+ * limitations under the License.
+*/
+
+using System;
+using NUnit.Framework;
+using QuantConnect.Data;
+using QuantConnect.Data.Market;
+using QuantConnect.Securities;
+using QuantConnect.Securities.Option;
+
+namespace QuantConnect.Tests.Common.Data.Market
+{
+    [TestFixture]
+    public class OptionContractTests
+    {
+        private static Option CreateOption(Symbol symbol)
+        {
+            return new Option(
+                SecurityExchangeHours.AlwaysOpen(TimeZones.NewYork),
+                new SubscriptionDataConfig(typeof(TradeBar), symbol, Resolution.Minute, TimeZones.NewYork, TimeZones.NewYork, true, true, true),
+                new Cash(Currencies.USD, 0, 1m),
+                new OptionSymbolProperties(SymbolProperties.GetDefault(Currencies.USD)),
+                ErrorCurrencyConverter.Instance,
+                RegisteredSecurityDataTypesProvider.Null
+            );
+        }
+
+        [SetUp]
+        public void ResetSharedOptionData()
+        {
+            // Other tests can leave the shared OptionPriceModelResultData.Null singleton holding a
+            // trade bar, which then leaks into any contract that hasn't set its own price model.
+            // Reset it by updating a throwaway (singleton-backed) contract with a zero-priced trade bar.
+            var symbol = Symbols.SPY_C_192_Feb19_2016;
+            new OptionContract(CreateOption(symbol))
+                .Update(new TradeBar(new DateTime(2016, 02, 16), symbol, 0, 0, 0, 0, 0));
+        }
+
+        [Test]
+        public void PriceValueAndCloseAliasLastPrice()
+        {
+            var symbol = Symbols.SPY_C_192_Feb19_2016;
+            var contract = new OptionContract(CreateOption(symbol)) { Time = new DateTime(2016, 02, 16) };
+            contract.SetOptionPriceModel(() => OptionPriceModelResult.None);
+
+            // No data yet, all aliases default to zero
+            Assert.AreEqual(0, contract.LastPrice);
+            Assert.AreEqual(contract.LastPrice, contract.Price);
+            Assert.AreEqual(contract.LastPrice, contract.Value);
+            Assert.AreEqual(contract.LastPrice, contract.Close);
+
+            var tradeBar = new TradeBar(new DateTime(2016, 02, 16), symbol, 1, 2, 3, 4, 5);
+            contract.Update(tradeBar);
+
+            Assert.AreEqual(4, contract.LastPrice);
+            Assert.AreEqual(contract.LastPrice, contract.Price);
+            Assert.AreEqual(contract.LastPrice, contract.Value);
+            Assert.AreEqual(contract.LastPrice, contract.Close);
+        }
+    }
+}