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Which contracts go first?


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Which contracts go first?

  #1 (permalink)
optionwhisperer
Pensacola
 
Posts: 7 since Jul 2020
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Scenario: Say I have 2 eminis on for 3 weeks and they are profitable. I decide I want to day trade one day. I add 2 new emini contracts and at noon I close out 2 contracts. Which 2 contracts got closed? The 3-week old ones or the 2 put on today?

Thanks

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  #2 (permalink)
 tr8er 
Europe
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optionwhisperer View Post
Scenario: Say I have 2 eminis on for 3 weeks and they are profitable. I decide I want to day trade one day. I add 2 new emini contracts and at noon I close out 2 contracts. Which 2 contracts got closed? The 3-week old ones or the 2 put on today?

Thanks

The exchange handles your contract FIFO = first in, first out

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Last Updated on October 28, 2021


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