Big Mike 

Btw, ES is 3 months but commodities like CL are only 1 month, and don't ever screw up and hold CL past expiration because it will show up in barrels of oil on your driveway lol Sent via tapatalk on my DROID X

Sending that via truck to your drive way is too expensive. My home allows for delivery via barge (1000 metric tons / 980 long tons). As a trader you should be always prepared.

Three reasons to trade brent crude at IPE:

(1) The front month contract is not so volatile prior to expiry.

(2) You do not need to find a buyer in Cushing, Oklahoma (where is that, sound like the middle of nowhere ...)

(3) Brent Crude settles EFP (exchange for physical) and has an option to cash-settle.

trendisyourfriend 

Was not aware of this disposition Mike, thanks for the clarification. So from a daytrader's perspective, a contract only lasts 90 days. Do i need to be concerned by anything else ?

When you are trading the ags, the contract months follow the ag season. the NOV contract trades for months!