Dumb Question: Difference between EW3 and EW ...

Discussion in 'Index Futures' started by SoCalOptionsWriter, Apr 10, 2023.

  1. One is tracking ES futures and the other .... spot?
     
  2. Databento

    Databento Sponsor

    No, they both have the ES futures contract as underlying.

    EW is the monthly contract, whereas EW3 is one of the weekly contracts. They differ by expiration date — last business day of the month vs Friday of the contract week (third week, in this case).
     
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  3. CannonTrading_Ilan

    CannonTrading_Ilan Sponsor

    EW ( expires Apr. 28th )below and EW3 ( expires Apr 21st) below that
    upload_2023-4-11_6-51-46.png


    upload_2023-4-11_6-55-9.png