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Re: PLEASE! Need help getting out of a front month

It's been a long time since I traded OJ, but I suspect you're in one of the 'dead' months. Many markets have them, always, ALWAYS, check the current OI of a contract before you get involved. Last available OI for Nov is 235 contracts, so you may be in luck, if you don't want to cover outright, roll into Jan which is the lead month now. For future reference always keep an eye on an expiring month's OI and don't overstay your welcome.
By the looks of it you don't have direct order entry, If your broker's of the full service variety, I'd say he/she doesn't deserve to be in the business for getting you into an illiquid month, or letting you stay in too long. I'd stay on with him as OJ opens Monday, and do what you gotta do, one last word of advice: don't try to nickel and dime the offers, just take your lumps. Sod's law dictates that it'll come crashing off as soon as you've covered.
Hopefully the lesson you've learned will be worth more than the pasting you're likely to get, sorry for being blunt, but that's the way markets operate; to put it any other way would be doing you a disservice - good luck.

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PLEASE! Need help getting out of a front month!!
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