Futures contracts are derivatives with expiration dates like options. The stock indices expire quarterly on the last month of each quarter. In this tutorial, I show how to roll forward or rollover and easily add the new front month contract to a watchlist.
A great resource for everything futures is the CME Group's Active Trader site: cmegroup.com/activetrader
Zoen_Trieste
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The best way to do it is by using calendar spreads. For example, if you’re long 1 ESU2021 and want to roll to the next contract, you will need to buy 1 ESZ2021-ESU2021 calendar spread. This will close you’re long position on the closer month and open a long position on the further-out month.
RodCasilli
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@Zoen_Trieste, yep, if you want to remain in a position. This video was an explanation of how to add the new contracts to a watchlist.