Systems, Strategies and Resources for Trading Futures Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: GROUND ZERO™ who wrote (8894)	11/22/1998 10:07:00 PM
From: manohar kanuri	Read Replies (1) of 44573

When trading the spoo, that refers to the futures contract. An option on the cash market is just like any other option, with monthly expirations and differing strike prices. There are also options on the futures contracts and they function much the same way. Okay, now I'm confused ....when I played with the SPX options I'd track the futures price till a couple of days before expiration and then switch to the cash index (or whatever it is that is reported on the CNBC corner). Don't remember who told me this is how it worked, but it worked even though getting that switch from futures to cash down pat wasn't always easy. Anyway, what was I trading? The cash or the futures index? The tax forms said "regulated futures contracts" ... but then the settlement blahblah would always talk about the underlying (cash?) index at expiration and I never did figure out what the hell was going on (why question something that's working fine). Care to explicate more? tia mano

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next