Comment on MCX - Profit/Loss for every 1 Rs change
commented on
12 Jun 2015, 11:29 PM
Sam, what your broker has told u is the exact way of rolling over contracts in any futures or option scrips. You have to sell this month, and buy the next month if you are long, and vice versa if u r short.
So if you May Alumininum contracts expiring 30th may, u have to sell and buy June contract of Aluminium anytime before 30th may.