Contract highlights
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
EXRN2024
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Frequently Asked Questions
The nearest expiration date for RBOB Gasoline vs. Euro-bob Oxy NWE Barges (Argus) (350,000 gallons) Futures (Jun 2024) is Jul 2, 2024.
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 RBOB Gasoline vs. Euro-bob Oxy NWE Barges (Argus) (350,000 gallons) Futures (Jun 2024) before Jul 2, 2024.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For RBOB Gasoline vs. Euro-bob Oxy NWE Barges (Argus) (350,000 gallons) Futures (Jun 2024) this number is 340.00. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for RBOB Gasoline vs. Euro-bob Oxy NWE Barges (Argus) (350,000 gallons) Futures (Jun 2024) shows that traders are closing their positions, which means a weakening trend.