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Nearest Month Defined

In options trading or commodity futures, the expiration month that is closest to the current month. For an option that has expiration dates available in September, December, March, and June, for example, the nearest month would be December if a trade was made in November. Nearest month contracts are more heavily traded then "furthest month" contracts.

See Also: Commodities; Expiration; Futures Contract; Options

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Creating Order from Chaos with Evernote

Published July 3, 2009, 7:21 am, CIO Today

When he parks his car, author Timothy Ferriss snaps a photo of the nearest cross streets with his camera phone. In business meetings, he'll often take pictures of sketches and notes made on a whiteboard. When he's out for dinner, he'll whip out the phone again to capture an image of the label on the wine he's drinking. He never knows when he'll want to recall the data later. Ferriss, a ...

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Modern miners - Prospectors pan for gold in timeless Libby Creek

Published July 2, 2009, 11:13 pm, Missoulian

Kalispell prospector Jon VanDort, left, has been teaching kids and adults how to pan gold for years. VanDort has been looking for gold in Libby Creek for more than 10 years. He shared the stream earlier this month with veteran panner Gary Wilmes, right, and novice Galen Jamison.

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Background Note: Belarus

Published July 2, 2009, 7:27 pm, Scoop.co.nz

Geography Area: 207,600 sq. km. (80,100 sq. mi.); slightly smaller than Kansas. Cities: Capital --Minsk. Terrain: Landlocked, low-lying with thick forests, flat marshes and fields. Climate: Cold winters, cool and moist summers, transitional between continental ...

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Background Note: Macedonia

Published July 2, 2009, 7:17 pm, Scoop.co.nz

Geography Area: 25,713 square km. (slightly larger than Vermont). Cities (2001 est.): Capital --Skopje 600,000; Tetovo, Kumanovo, Gostivar and Bitola 100,000+.

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JPMorgan Leads The Leagues

Published July 2, 2009, 12:12 pm, Forbes

JPMorgan, Goldman and Morgan Stanley dominate Wall Street's rankings

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Background Note: Lesotho

Published July 1, 2009, 9:03 pm, Scoop.co.nz

Geography Area: 390,580 sq. km. (150,760 sq. mi.), slightly larger than Montana. Cities: Capital --Harare (pronounced Ha-RAR-e), pop. 1.5 million. Other towns --Bulawayo, Chitungwiza, Mutare, Gweru, Kwekwe, Masvingo, Marondera.

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Background Note: Mozambique

Published July 1, 2009, 9:02 pm, Scoop.co.nz

Geography Area: 801,590 sq. km.; slightly less than twice the size of California. Major cities: Capital --Maputo (pop. 1.2 million--2005 est.); Beira, Matola, Nampula, Quelimane, Tete, Nacala.

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Background Note: Jamaica

Published July 1, 2009, 8:28 pm, Scoop.co.nz

Geography Area: 10,991 sq. km. (4,244 sq. mi.). Cities: Capital --Kingston metro area and St. Andrew (pop. 650,000). Other cities --Montego Bay (96,000), Spanish Town (131,515). Terrain: Mountainous, coastal plains. Climate: Tropical.

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Fitch Upgrades Staten Island Univ Hospital, NY, Bonds to 'BB+'; Outlook Revised to Stable

Published July 1, 2009, 1:57 pm, Business Wire via Yahoo! Finance

NEW YORK----Fitch Ratings has upgraded to 'BB+' from 'B+' the rating on approximately $47.1 million of the following New York City Industrial Development Agency civic facility revenue bonds, :

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Gamblers Crowd Casinos to Place Last Bets

Published July 1, 2009, 12:56 pm, The Moscow Times

01 July 2009 By Alexandra Odynova / The Moscow Times Workers lugged slot machines and stools out of casinos as throngs of die-hard gamblers skipped work to place their last bets Tuesday afternoon.

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