rollover

Switching from a buy-it-later deal that is about to end to a new one that ends later, to keep your trade going.

The fuller meaning

Closing an expiring futures contract and opening a later month to keep a position. The price gap between contracts means a roll can cost or earn money: in contango a rolled long position keeps buying a pricier contract, in backwardation it tends to gain.

rollover.

rollover

The fuller meaning

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