ES or DOW contracts

October 15th, 2009, 07:33 AM

Hi there

If for example you bought 10 contracts on the DOW or ES back in March this year can you sell it today?

i.e. im very confused with the expiry dates, so how would it work if you bought in March, do you just keep the contracts from March and sell them, let say this month, or do you have to do some weird rollover etc

Thanks

October 15th, 2009, 07:46 AM

tellytub

Hi there

If for example you bought 10 contracts on the DOW or ES back in March this year can you sell it today?

i.e. im very confused with the expiry dates, so how would it work if you bought in March, do you just keep the contracts from March and sell them, let say this month, or do you have to do some weird rollover etc

Thanks

Contracts must be settled or rolled over to the next month. So if you bought the June Contract then you must exit the June before it expires and buy a new September. Before September contract expired you must settle and then buy the December contract. December is the current front month.

October 15th, 2009, 08:01 AM

So does that mean you would of lost out if you bought it back in March? Lost out with money, esp as you bought it for 6543.

When you say exit their contract, does that mean, he/she would lose out

October 15th, 2009, 08:16 AM

hi,

it seems that you gotta read some basic stuff first,

here some examples :

Futures [AUTOLINK]contract[/AUTOLINK] - Wikipedia, the free encyclopedia

futures [AUTOLINK]contract[/AUTOLINK] Definition

NYMEX.com: COMEX

https://www.investopedia.com/terms/f/futures.asp

ES or DOW contracts

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ES or DOW contracts