The nearest expiration date for Zinc Mini Futures is Dec 31, 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 Zinc Mini Futures before Dec 31, 2024.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Zinc Mini Futures this number is 498.00. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Zinc Mini Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Zinc Mini Futures. Today its technical rating is sell, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Zinc Mini Futures technicals for a more comprehensive analysis.