Can SLB positions be rolled over?
Yes, SLB positions can be rolled over for the next 11 months.
Rollover refers to exiting the current month's contract closer to the expiry and extending to any available trading month + 11th month's contract to continue holding the position. For example, if the customer transacted in the Jan contract and wants to extend the position to the Feb contract, this can be done by rolling over.
A confirmation email must be sent to [email protected] before the F&O expiry date i.e., the last Thursday of the month before 4:00 PM to roll over the contract. Orders will be placed at the new available lending and borrowing rates.