Trading the Bitcoin Futures RollPosted 01/24/2018 8:26AM CT |
What you need to know
January Bitcoin futures (BTCF8) will expire on January 26. Clients wishing to extend their futures position beyond that time must “roll” their position forward by trading a calendar spread – establishing a position in the February Bitcoin contract while simultaneously closing a position in the January contract.
Bitcoin futures calendar spread trades work like other equity index futures calendar spread trades. And clients can take advantage of a 50% discount on Bitcoin futures Globex spread trades through May 31, 2018.*
To help you learn how to trade the Bitcoin futures roll, CME Group developed a brief video on calendar spread trades, the pricing convention for Bitcoin futures and trading examples.
Video: Managing Bitcoin Futures Expiration: Rolling Forward