It is best to close the position. Trading software can query the delivery date of varieties. Only the products of Shanghai Futures Exchange can enter the delivery month, and the products of other commodity exchanges cannot enter the delivery month, so they need to close their positions in advance. If the position has not been closed by the delivery date, the futures company will forcibly close the position, but the price point of closing the position cannot be determined, so it is better to close the position as much as possible.

Extended data:

Futures trading is an advanced trading method based on spot trading and forward contract trading. In order to transfer the risk of market price fluctuation, it refers to the form of buying and selling futures contracts in an open competition on commodity exchanges through brokers.

Futures investors should have good psychological quality and risk-taking ability, strong will, strong self-discipline, be able to handle their trading business calmly and not be emotional. Futures investors should be able to calmly and calmly analyze and observe the rapidly changing price market and make reasonable decisions.

If the buyer of a futures contract holds the contract until the expiration date, he is obliged to purchase the subject matter corresponding to the futures contract; If the seller of a futures contract holds the contract until it expires, he is obliged to sell the subject matter corresponding to the futures contract (some futures contracts do not make physical delivery when they expire, but settle the difference, for example, the expiration of stock index futures refers to the final settlement of the futures contract in the opponent according to a certain average value of the spot index). Of course, traders of futures contracts can also choose to reverse the transaction before the contract expires to offset this obligation. When buying and selling futures contracts, both parties need to pay a small sum of money to the clearing house as a performance bond, which is called a deposit. Buying a contract for the first time is called building a long position, and selling a contract for the first time is called building a short position. Then, the contract at hand should be settled daily, that is, the market should be marked daily.

You don't have to hold a trading position until it expires. You can reverse trade at any time before the expiration of the stock index futures contract to reverse the original position. This kind of transaction is called liquidation. For example, stock index futures contracts sell 10 on the first day and buy back 10 on the second day. Then the first one is the short position of opening 10 stock index futures, and the second one is the short position of closing 10 stock index futures. The next day I bought 20 lots of stock index futures contracts, and then I became a long position in 20 lots of stock index futures. Then sell 10 lots, which is called liquidation 10 stock index futures bulls, leaving 10 stock index futures bulls. A contract that is not closed at the end of a day's trading is called a position. In the above trading process, on the first day after trading, the short position of stock index futures was 10, and the long position of stock index futures was 10 on the second day after trading.