Future trade do get rollover to next month?

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1

I am trading in Crudeoil futures.

This is my first month, so query is do my jun future will get rollover to July future??

If my trade of jun will get rollover to July ???

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2

Hi @nmparsania-ous,

To continue your position in the next contract, you must close the current month’s future and open a new position in the next contract. If you don’t close the current position before expiry, it will be settled in cash.

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