have to worry about contract settle date?

Discussion in 'Ag Futures' started by kevmay21, Jul 7, 2006.

  1. kevmay21


    I see lots of systems backtested on a portfolio of Futurers, Crude Oil, Coffee, Sugar, Soy Beans etc. Do you not have to worry about the possible chance that you may close after the contract date and someone may actually want you to take possession?

    I am new at trying to understand futures so forgive my ignorance if this is a stupid question.

    Thank you
  2. The contacts are "rolled forward" before (FND) first notice day in order to avoid delivery.
  3. apfx


    Does "rolling forward" include any additional costs?

    Sorry for naive question but I'm new to futres too.
  4. July 8th! Wow!..........Yes there are costs. You're offsetting your front month position and initiating a new deferred position.