Question for the MayorWhat is proportion of the prompt month contract vs 2nd month contract held in HND or HNU at any given time, or is it strictly a prompt month play?
Also, when does mgmt roll the contract over from prompt to the second month (ie. May Futures to June Futures)? I can't imagine it happens on the last day of trading? Maybe wrong?
You insights would be much appreciated.
May Futures $4.644
June Futures $4.657
Thanks.
RB