Hi folks, For CL contract, I need to know which months have the most traded volume? Is it always the front month, or is it the quarterlies (Mar, Jun, Sep, Dec)? I'm asking cause I will download historical tick data and I need to know which expiry month I need to request. Without knowing which month trade the most, I would have to request data for all months. My friend Google didn't help me on this one. Thanks in advance.
Thanks Ilan. It means that after December, January will be the one showing the most volume? The thing is, December is also a quarterly month.
From following the contract for many years, it is the front month 95% of the time, if not close to 99%.
Here's the fun thing about CL, and partially what attracted me to futures in the first place... It doesn't matter what month you are in with an instrument like CL. Any month out in the future will eventually become the most-traded month.