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When a market is lock limit up or down, traders are not able to trade the flat priced futures contract. That doesn’t mean the contract does not have a price or can’t be traded; it just means you can trade it in the flat priced market. Learn how to get out of a position in a limit up or limit down market the same day as the limit move via options.
When a market is lock limit up or down, traders are not able to trade the flat priced futures contract. That doesn’t mean the contract does not have a price or can’t be traded; it just means you can trade it in the flat priced market. Learn how to get out of a position in a limit up or limit down market the same day as the limit move via futures spreads.
Many futures markets, but not all, have daily limits that prevent them from moving more than a predetermined amount set by the exchange.