A representation of what an asset is worth today and what the market thinks it will be worth in the future.
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Frequently Asked Questions
The nearest expiration date for PJM PPL Zone Off-Peak Calendar-Month Day-Ahead LMP Futures (Mar 2017) is Mar 31, 2017.
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 PJM PPL Zone Off-Peak Calendar-Month Day-Ahead LMP Futures (Mar 2017) before Mar 31, 2017.