far month

Far month

Used in the context of option or futures to refer to the trading month of the contract that is farthest away. Antithesis of nearest month.

Far Month

Among several different futures contracts or options, describing the one with the longest maturity. For example, given three futures contracts, one expiring in March, one in June, and one in September, the far month futures contract is the one expiring in September.

far month

In futures and options, the longest settlement or expiration month of a currently traded contract.