The futures delivery month with the soonest delivery date, or the option delivery...
                                                            
                                                     
                        
                                                
                        
                        
                            The month of a future contract or option contract, which has the soonest delivery date (or expiration date).
                                                            
                                                     
                        
                                                
                        
                        
                            The closest active trading month on a futures and options Exchange. For example, in October the nearby month will be November.