The volume has turned ...

Originally posted by aphexcoil
It looks like the December contract has the higher volume now.

Yes, the contracts always rollover the thursday before the week they expire as far as volume goes.
 
Originally posted by metooxx


Because they are supposed to ...



There is a great explanation!

OK, but they don't expire for another week, right? Why doesn't volume roll over NEXT Thursday? I am asking because I never understood this.
 
Originally posted by Sarasota




There is a great explanation!

OK, but they don't expire for another week, right? Why doesn't volume roll over NEXT Thursday? I am asking because I never understood this.

Basically it is two Thursdays prior to expiration; that is just the way it works ...
 
the Thursday prior to exp because the "current" contract doesn't have much relevance as it gets this close to exp.

ie: spoo = cash (@ exp)
 
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