? The so-called "changing positions for the month" means closing the original futures contract near the delivery month and establishing a new futures contract position in the most active month (the month after delivery).

? Investors need to close the near-month contract before opening a new far-month contract.

Time selection for changing location and changing month.

? The time to move the position is not fixed. Is it up to investors to decide the transaction? The situation is up to you.

? Generally speaking, if there is a phenomenon that the current main contract lightens the position, but the far-month contract increases the position, and the transaction volume of the far-month contract is greater than the current main contract, you can consider starting to move the position.

? Will there be gains and losses in the process of moving warehouses?

? Some investors are very nervous. Seeing the price difference between the near-month contract and the far-month contract, they are afraid that the operation of moving positions will cause losses.

? Theoretically, the fluctuation of adjacent contracts of the same variety is basically the same. If there is a price difference, it will smooth out the arbitrage in a very short time. Therefore, in addition to the loss of handling fees, the risk of price fluctuations is very small.

? Of course, this paper only aims at speculative customers who need to change positions and months, and does not discuss the operation of arbitrage customers alternating arbitrage through contracts.

? Can I keep my previous position?

? If it is operated by Man Cang, it is very likely that you will not be able to buy back the same position again when the price changes. At this time, you need to adjust your funds according to your own needs.

? What will happen if you don't move the warehouse?

? First of all, according to the rules, individual investors cannot enter the delivery month. At this time, the futures company will come forward to close the position.

? However, due to the lack of active contract transactions, being forced to pay the bill at this time often bears the risk of bid-ask spread. In short, it will cause unnecessary losses.

It's the middle of1February, and most major contracts are close to the delivery month. If you need to change positions, you must seize the opportunity to change positions.

These are some common questions about moving warehouses for the moon. If you have any questions and suggestions about moving warehouses, please leave a comment.