SI
SI
discoversearch

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 : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: moorso who wrote (702)2/6/2002 1:54:38 PM
From: GROUND ZERO™  Read Replies (2) | Respond to of 207128
 
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



To: moorso who wrote (702)2/6/2002 1:56:59 PM
From: Moominoid  Respond to of 207128
 
I think an SPX contract is 250*index so around $250,000. There are also mini contracts that are smaller. But you just put down a margin not the full quarter million.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News