Hi,
I have been trading futures (NEAR) daily on an intraday perspective, whose expiry is on 30th March.
It allows to trade on margin, but if i choose the NEXT future (27th April), it doesn't allow margin transactions.
Now the 30th March future is expiring tomorrow. I wish to know, is it safe to trade on them even tomorrow though it is the expiry date?
I am asking from several perspective :
1) I don't have sufficient balance in trading account to buy them (was using margin)
2) Is there a chance, if it allows buying, i won't be able to sell it (since it is expiring tomorrow)?
3) Any other potential risks?
Please help.
Thanks in advance
I have been trading futures (NEAR) daily on an intraday perspective, whose expiry is on 30th March.
It allows to trade on margin, but if i choose the NEXT future (27th April), it doesn't allow margin transactions.
Now the 30th March future is expiring tomorrow. I wish to know, is it safe to trade on them even tomorrow though it is the expiry date?
I am asking from several perspective :
1) I don't have sufficient balance in trading account to buy them (was using margin)
2) Is there a chance, if it allows buying, i won't be able to sell it (since it is expiring tomorrow)?
3) Any other potential risks?
Please help.
Thanks in advance