Which silver contract are we on?

[1a2b3cppp]

I was charting GSIK3 but beginning yesterday the volume dropped to nothing so I assumed it had rolled over to the next.

I see in the list of available contracts GSIK3 (May), GSIM3 (June), and GSIN3 (July).

M seems like the next logical choice, but when I opened it it had like no volume at all.

Then I opened N, and its volume for the last two days looked about normal.

If this is correct, why would June be skipped and everyone goes to July instead?

 

[BoyPlunger]

tradition and maybe back in the day it had to do with major mine production schedules...
silver: march may july sep dec
gold: feb april june aug dec

 

[1a2b3cppp]

Cool, so even though there's a June contract, no one uses it?

 

[lachie74]

I had the same question.. Thanks Boyplunger

 

[brownsfan019]

When in doubt, go to the CME site and found the contract w/ the volume. Trade that one.

http://www.cmegroup.com/trading/metals/precious/silver.html

Even at 3am EST, the July contract clearly has the most volume.

 

[1a2b3cppp]

Quote from brownsfan019:

When in doubt, go to the CME site and found the contract w/ the volume. Trade that one.

http://www.cmegroup.com/trading/metals/precious/silver.html

Even at 3am EST, the July contract clearly has the most volume.

Thanks.

 

[murray t turtle]

Always check the volume;
answer.