I hate the rule that you have to exit trades, such as longs, after FND. There are numerous situations where the tight supply/demand situation causes the most nearby to explode while the furthers just kinda sit there. Most recent example is rise is May vs. Jun Lean Hogs. I'm not long, but just to prove a point.
Oops, I feel like an idiot. It's First, not Final, Notice Day, and Lean Hogs is cash settled, so this doesn't apply.