Emini FuturesCast / The Rollover Pod 09/07/11
Thursday is "Official Rollover Day". The Zone remains the same...
Rollover day is when traders switch or begin switching from trading the current contract (Sept) that will expire this quarter to the contract that will expire next quarter (Dec).
The futures contracts that we focus on primarily are the S&P 500 Emini / ES and the Dow Emini / YM. They expire on the third Friday of the months of March (H), June (M), September (U) and December (Z). The rollover days, however, are 8 days before expiration on the second Thursday of each of these months. These months have the letter designations H, M, U, and Z.