Fw: Rolling Over To The Next Month's Contract - S&P

["Patrick White" <simgenie@xxxxxxxx>]

Hello,

This seems to be a topic which has come up about every 3 months for many
years now. Please write it down, learn it by rote memory and you will never
have to ask again. I'll let you figure out the expiration date based on the
algorithm below:

Patrick White

----- Original Message -----
From: "Patrick White" <PMWhite@xxxxxxxxxxxxx>
To: "RealTraders Discussion Group" <realtraders@xxxxxxxxxxxxxx>
Sent: Saturday, December 14, 1996 1:59 PM
Subject: Re: Rolling Over To The Next Month's Contract


Re: When to rollover to the next month's contract.

The S&P futures expire the 3rd Friday of the month in March, June, Sept,
and Dec. The day before the 2nd Friday of the month (Thursday) is the
day the new contract begins to trade actively. This will usually be the
2nd Thursday of the month, but could be the 1st Thursday of the month if
the first day of the month is a Friday - thus I say the day before the
2nd Friday of the month.

Patrick White