Cycle Trading

[jaws57]

here is what I got off the ETF website.

The index is valued using the settlement prices for the underlying futures contracts. The index rolls its contracts over the course of 5 consecutive business days, starting on the 6th business day of the month. Each day, approximately 20% of each futures position that is included in the month's roll is rolled.

Now they do this every TWO months and did so earlier this month. So I would think the next rollover will occur in Jun and will roll to the Sep contract.

Proshares