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Suncor Energy Inc T.SU

Alternate Symbol(s):  SU

Suncor Energy Inc. is a Canada-based integrated energy company. The Company's segments include Oil Sands, Exploration and Production (E&P), and Refining and Marketing. Its operations include oil sands development, production and upgrading; offshore oil production; petroleum refining in Canada and the United States; and the Company’s Petro-Canada retail and wholesale distribution networks (including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicle (EV) stations). The Company is developing petroleum resources while advancing the transition to a lower-emissions future through investments in lower-emissions intensity power, renewable feedstock fuels and projects targeting emissions intensity. The Company also conducts energy trading activities focused primarily on the marketing and trading of crude oil, natural gas, byproducts, refined products and power. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region.


TSX:SU - Post by User

Comment by lifeisgood1010on Mar 15, 2024 10:17am
125 Views
Post# 35934733

RE:RE:RE:5.4 millions trade on the open ….. some like su

RE:RE:RE:5.4 millions trade on the open ….. some like su
Yes Marty volumes on Suncor have been stronger lately and thatcould be seen as a positive and  i don't want to 
start a discussion here but expiry happens only ONCE A MONTH.

See below.

  1. Monthly Expiration: Futures contracts typically expire on a monthly basisSpecifically, they offer 12 unique listings for each calendar year, corresponding to the 12 months2. These monthly expirations provide traders with opportunities to manage their positions and adjust their strategies.

  2. Third Friday Rule: For U.S. stock and stock index futures contracts, the expiration dates fall on the third Friday of every third month3. This consistent schedule allows market participants to plan ahead and align their trading activities.

  3. Rolling Over Contracts: To maintain market exposure beyond a contract’s expiration, traders often roll over their positions. This involves closing the existing contract and opening a new one with a later expiration date. By doing so, traders can continue their market participation without interruption.

In summary, futures contracts expire monthly, providing traders with opportunities to adjust their positions and manage risk. The regular expiration schedule ensures market stability and reduces the risk of default by parties involved in the contracts.


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