Futures

Rollover

Closing a position in the expiring Futures contract and simultaneously opening an equivalent position in the next month's contract.

Rollover means closing your position in the current month’s expiring Futures contract and simultaneously opening an equivalent position in the next month’s contract, to maintain the same underlying exposure beyond the current expiry, without going through settlement.

See when and why traders roll over positions in How Futures Trading Works in India: Lot Size, Margin, Expiry.