when will CL MARCH expire?

Discussion in 'Energy Futures' started by trader_david, Feb 12, 2009.

  1. new to cl future, bought 3 contract of cl march at 33.63
     
  2. CL last trade date 2/20.
    QM last trade date 2/19.
     
  3. Good work David.
    Put the trade on -ask questions later.
    Like your style....
     
  4. This is WRONG. They expired 4:13PM 2/12 (TODAY).

    On the bright side you will have enough oil to heat your house for a few winters...
     
  5. Says who.... still trading as of right now CL H9 last price 34.55 20:18 EST.

    NYMEX termination schedule http://www.nymex.com/CL_term.aspx
     
  6. close on 3rd Wednesday every contract month. Better leaving 3 days before expiring day, and Monday is holiday, you can still trade in Sunday night and Tuesday.
     
  7. Nope

    Last Trading Day: Trading terminates at the close of business on the third business day prior to the 25th calendar day of the month preceding the delivery month. If the 25th calendar day of the month is a non-business day, trading shall cease on the third business day prior to the business day preceding the 25th calendar day.

    http://www.nymex.com/CL_spec.aspx
     
  8. I was kidding, just wanted to scare the OP for not doing his research...:D
     
  9. somebody must be short alot of march futures

    :eek:
     
  10. thanks for the reply, I sold it today at 38.13.

    crude is very volatile, in the morning I sit there several minutes, it dip to 34 under, that scared me, but I kept my GTC limit order at 38.13, then shut down my computer, turn it on in the noon, my order is executed.

    I thought today's move is short squeeze, must be lots of short sale there.

    I noticed gas price is keep going up.
     
    #10     Feb 13, 2009