strategy of rolling forward long positions in commodities long, only, question, forward, someone

king_kong

I have now seen a second question where they do not explicitly state the markets are in backwardation, just that someone has this strategy of rolling forward long positions in futures.

Is it safe to say that they would only roll futures contracts over in backwardation? referencing Q8 2009 AM essays. question on roll yield.

lcai

no they roll over because short term maturity is most liquid or they want to speculate on the forward curve