I have a long position on ES June (M12) that i'd like to keep. Do i have to do anything regarding roll over or does my broker roll it over for me into the new month?
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tomorrow is rollover day
- Thread starter guy2
- Start date
Quote from shortskirt:
I have a long position on ES June (M12) that i'd like to keep. Do i have to do anything regarding roll over or does my broker roll it over for me into the new month?
You have until a week from tomorrow (next Friday) to liquidate it.
Switch over to the "U" contract. Do it yourself. Point, click. Etc.
Yes you will need to do something. You should exit your position before the close today. If you don't, you'll risk not being able to close it through your broker.Quote from shortskirt:
I have a long position on ES June (M12) that i'd like to keep. Do i have to do anything regarding roll over or does my broker roll it over for me into the new month?
Go on the ES September contract today, and see if you can open that same position at the same price where you left off before the close too. The next contract is already active, just not allot of volume.
laugh if you want, but it's been a long time tradition on ET for somebody to just give a heads up on roll out day. Thanks high99, I knew Thursday was the day, but I don't always realize today is Thursday. (Still seems like a Monday to me.)Quote from high99:
Well it's that time again ! Rollover to the "U" contract tomorrow 9:30AM Eastern time. For all of you ES, YM, and NQ freaks. Don't forget to set your alarm clocks.
Quote from oldtime:
laugh if you want, but it's been a long time tradition on ET for somebody to just give a heads up on roll out day. Thanks high99, I knew Thursday was the day, but I don't always realize today is Thursday. (Still seems like a Monday to me.)
Try gold and silver if you really want to get confused. Took awhile for stupid me to figure those out. And copper too.
Obviously no index futures traders left here if no one mentioned rollover rover day. Or is everyone sleeping in waiting for Bernappy to wake them up with meaningless platytudes?
isn't it a shame? It's been such a wonderful quarter. Oh well, all good things must come to an end.Quote from Duref Mudgins:
Obviously no index futures traders left here if no one mentioned rollover rover day. Or is everyone sleeping in waiting for Bernappy to wake them up with meaningless platytudes?
Thanks for the heads up
Quote from oldtime:
isn't it a shame? It's been such a wonderful quarter. Oh well, all good things must come to an end.
Thanks for the heads up
A fairly clean rollover for NQ. The cumulative volume of the new contract exceeded that of the old shortly after the open. And with normal spreads.
that's cool. Actually, I don't trade ES anymore, but back when I followed it tick by tick somehow I could space out rollout day. I'd wake up one Thursday and wonder, "Where'd everybody go?"Quote from Duref Mudgins:
A fairly clean rollover for NQ. The cumulative volume of the new contract exceeded that of the old shortly after the open. And with normal spreads.
Many years ago someone started the tradition of posting a heads up. Traders can be really shitty, but four times a year they can be courteous.
The funny thing is, the courteuos poster who issued the heads up then had to endure twenty posts from losers who tried to make themselves feel like winners posting things like, "If you don't even know when to roll out, close your account and read a book."