Jason,
I am currently short ZB and got an email from TOS saying I need to close or roll the position next week. I want to roll - exactly how do you go about doing that? Obviously I could just buy to close my March contracts and sell the next cycle but that might result in bid/ask slippage and random fluctuations in the price between the closing and opening of the positions. Alternatively I could try to outguess the market and close March at a perceived low and then sell the next cycle higher, but this may or may not work. My question is if I just want to maintain my same position, is there a more efficient way to roll it out at my same prices and avoid the scenarios above?
I am currently short ZB and got an email from TOS saying I need to close or roll the position next week. I want to roll - exactly how do you go about doing that? Obviously I could just buy to close my March contracts and sell the next cycle but that might result in bid/ask slippage and random fluctuations in the price between the closing and opening of the positions. Alternatively I could try to outguess the market and close March at a perceived low and then sell the next cycle higher, but this may or may not work. My question is if I just want to maintain my same position, is there a more efficient way to roll it out at my same prices and avoid the scenarios above?
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