Futures Price to Spot Price of WTI Oil ContangoI looked into it. Google Contango and look further down with the Oil Futures example. HOU is now with June WTI Oil futures and does not role over to July futures until May 6. However, the futures that true options traders trade, will have their May WTI Oil Futures roll over to June on April 21. I was reading a post on Investing.com where someone was worried about the impact on June WTI Oil futures on May 21. Some on Investing.com messages think that the May and June futures usually converge together. BUT FEAR NOT! That won't be the case this time. If you read in Wikipedia with oil examples of the past. When Oil Storage tanks are nearing capacity and very full... then the Contango spread is supposed to be wider. So the June Futures price is supposed to be way higher than the WTI Oil spot price which is close to where the May Futures price is. June and May futures will not converge together in this market situation with the oil tanks near capacity! The reason is because when storage is tight... commercial of buyers of oil have no option but to delay purchasing Oil at a premiunbin Hope's of more storage in the future or to avoid higher storage costs now. Which means if the May Futures spike 20% up by April 21 expiry. Also expect the June Futures to spike up give or take 20% as well! So we're in a good position holding HOU right now because we don't have to worry about our rollover decay unit May 6 when the index HOU tracks switches from June to July WTI Oil futures. Apparently it rolls over a 4 day period on May 6. We should be fine to hold HOU and ride a sweet rally over the next 3 weeks! Trump is expected to unveil the opening of some states and a Texas plan for deeper oil production cuts. Bottom was reached. Enjoy the rebound.