uppose that you are a silver fabricator. You will acquire 2,000,000 troy ounces of silver at prevailing market on December 2, 2020 from your long time business partner. But, you worry about the uncertainty in the market price silver in the future. Hence, you decided to use Globex silver futures contracts to hedge risk. You will place an order of silver futures contracts at the last day closing price of the date when you enter into the futures contracts.

1. Which month maturity do you have to use?