Technology Stocks & Market Talk With Don Wolanchuk Message Board

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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk

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To: moorso who wrote (702)	2/6/2002 1:54:38 PM
From: GROUND ZERO™	Read Replies (2) of 207134

Yes, they're called contracts... these days each contract represents $250K worth of SP stock... they used to represent $500K worth of SP stock but the value was cut in half because of volatility and rising price levels... a move from 1080.00 to 1081.00 is a $250.00 profit... a 100 point move in the SP's from 1080 to 1180 represents $25K..... GZ

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