NexusFi: Find Your Edge


Home Menu

 





Severe contango on MGC


Discussion in Emini and Emicro Index

Updated
    1. trending_up 1,710 views
    2. thumb_up 1 thanks given
    3. group 2 followers
    1. forum 1 posts
    2. attach_file 0 attachments




 
Search this Thread
  #1 (permalink)
Davigan
Portland
 
Posts: 1 since May 2020
Thanks Given: 1
Thanks Received: 0

I don't understand why the Aug Micro Gold Futures contract is ~$20 higher than the June contract. Is it simply a matter or supply / demand? Is it low volume on the Aug contract that gives the appearance of a big delta that's actually not real? I would expect some contango, but this much?


Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Prop Firm Tracked Payouts Hit $115M in Q1 but Growth Fla …
Funded Trading Evaluation Firms
US Treasury Weighs Direct Oil Futures Market Interventio …
Commodities
SEC Advisory Committee Backs Tokenized Securities Exempt …
Traders Hideout
Kalshi Rockets to $22B, Passes Polymarket in Volume -- B …
Prediction Markets & Event Contracts
Probability Collapse: Bitcoin $150k Craters from 15% to …
Prediction Markets & Event Contracts
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Sober Journey With S&P
24 thanks
2026 Jlab journal
10 thanks
Lady Vols Primer: Trading Volatility Journal
7 thanks
Algo automated / semi-automated trading anyone?
6 thanks
Trying to learn Volume and price action correlation
5 thanks
  #2 (permalink)
 
SMCJB's Avatar
 SMCJB 
Houston TX
Legendary Market Wizard
 
Experience: Advanced
Platform: TT Stellar & Tradestation
Broker: Primarily Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals, U308 and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,241 since Dec 2013
Thanks Given: 4,584
Thanks Received: 10,523

Both Jun/Jul and Jul/Aug are worth around $10 so yes Jun/Aug appears to be $20.
No idea why


Reply With Quote
Thanked by:




Last Updated on May 27, 2020


© 2026 NexusFi®, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Downloads - Top
no new posts