@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 is made.
You neither win nor lose from a rollover.
Your opening price of the Oil-20Mar contract is higher than its closing price, that’s why you were at a loss.
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