Use the SpreadTrader tool to roll a future in TWS:
- Right click on a Future position
- Select SpreadTrader
- When the Spread Trader window opens, select Futures Spreads
- Towards the bottom half of the page, look in the left column and find the month you want to roll to.
To roll a long future position:
- Click on the displayed Ask for the contract you wish to buy, and the Spread Trader will set up an order to buy that contract and sell (to close) your long open future position
- Select your desired order parameters and Transmit once finished.
To roll a short future position:
- Click on the displayed Bid for the contract you wish to sell, and the Spread Trader will set up an order to sell that contract and buy (to close) your short open future position
- Select your desired order parameters and Transmit once finished.
You can also add to the TWS layout the "Futures Spreads" tab, which includes the SpreadTrader tool. See: How do I edit my layout in TWS?
Additional Information
- How to create Futures Spreads with SpreadTrader can be found in our Users' Guide.