The nearest expiration date for Butadiene Rubber Futures (Dec 2024) is Dec 16, 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 Butadiene Rubber Futures (Dec 2024) before Dec 16, 2024.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Butadiene Rubber Futures (Dec 2024) this number is 3.10 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Butadiene Rubber Futures (Dec 2024) 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 Butadiene Rubber Futures (Dec 2024). Today its technical rating is strong sell, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Butadiene Rubber Futures (Dec 2024) technicals for a more comprehensive analysis.