FREE Guide - 5 Chart Patterns You Need to Know!

Nearby Month


What does Nearby Month mean?

In futures market, the month of the futures contract closest to maturity is known as nearby month. It is also known as front month or lead month.

Futures Knowledge Explains Nearby Month

Nearby month or front month is the month nearest to delivery of the underlying asset under the futures contracts. It is the nearest traded contract month.  In case of options, it is the month nearest to expiration. On the other hand, the term back month is used for delivery month farther away from the nearby month. In cash market, nearby month is the spot month. More contracts take place for nearby month than back months. Front month futures are relevant for back months’ price determination.



Get Your FREE Technical Analysis Guide!
Timing is everything, and with this guide, you'll learn how technical analysis can help find the right time to enter and exit your futures trades. Nearly 30 explanations and examples of the most popular technical analysis tools are all in this one handy guide. It's like having a futures trading mentor at your side!