The nearest expiration date for MCX ICOMDEX BASE METAL FUTURES Futures is Feb 21, 2025.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell MCX ICOMDEX BASE METAL FUTURES Futures before Feb 21, 2025.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For MCX ICOMDEX BASE METAL FUTURES Futures this number is 0.00. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for MCX ICOMDEX BASE METAL FUTURES Futures shows that traders are closing their positions, which means a weakening trend.