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Current delivery month

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Current Delivery Month -- The futures contract which ceases trading and becomes deliverable during the present month or the month closest to delivery. Also called the spot month.
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Current Delivery Month: See Spot Month.
Source: Commodity Futures Trading Commission
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Current delivery month
The most current calendar month in which a futures contract comes to maturity and becomes deliverable. Also known as the spot month.
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In the futures market, the active month is the nearest base contract month that is not the current delivery month. For example, if the current delivery month is August, the active month is September.

Last Trading Day - The day on whichtrading ceases for the current delivery month of either futuresor options.
Last Notice Day - The final day onwhich notices of intent to deliver on futures contracts may beissued.

See also: Position, Delivery month, Market, Delivery, Future

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