Oil Futures Rollover - URGENT

[Vedran]

Read about contract rollover…

Dont invest real money without educating yourself…

Oil Futures Rollover - URGENT

@CirensOC A rollover is meant to be net neutral, adjustments are automatically made to make sure of that. So yes, there will be a correction of the size of your quantity x difference in price between the two contracts. This previous post may be helpful:

Potential problem - further clarification needed

@kpakpa The rollover doesn’t really affect the result - it’s just a way to balance the price difference. Example: If you buy 10 contracts at $10 & the next contract is trading at $11, you’ll get a rollover adjustment of 10 x ($10 - $11) = -$10. This will be added to your result to negate the difference in prices. Because you bought at $10 & now it’s at $11, you would’ve made a $10 profit. However, in order to balance things out due to the fact that it’s a different contract, a -$10 adjustment…