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Futures contracts are often called "the risk of moon changes". What is it?
Mainly for hedgers and institutional investors, it is called changing positions for the moon.

It is to close the short-term contract that is about to expire and establish the same position in the long-term contract as before.

Risks mainly include:

For example, if a factory does selling hedging, it will worry that the closing price of the recent contract will be higher and the opening price of the forward contract will be lower.

Buying a hedge is the opposite.