Recent content by dgdowney

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    Futures Pricing

    ....with apologies for my poor grammar and typing. Best David
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    Futures Pricing

    Hello, I think you are confusing realized and unrealized PNL. When you engage in futures trading you are simply taking on a contingent liability as opposed to buying and asset. Each day the future positions - long and short- are marked to market and is taken from the account holding the...
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    OneChicago NoDivRisk contracts

    Hello, OneChicago lists two types of SSF. Our original "1C" contract is priced by adding to the current price the cost of carry (this reflects the interest foregone by borrowing from yourself by taking monies out of your bank to invest) and deducting any Dividends that will be paid during...
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    One Chicago future tickers

    Hello, The difference between the 1C contract and the 1D is the way dividends and other distributions are handled. The pricing of the 1C contract takes the current value of the stock, prices in risk free interest rates out to expiration and if there are any dividends the present value...
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    EFP Exchange For Physical

    Sorry, Yes there are SSF on SPY in both the 1C and 1D contract. In addition they come in two different multipliers of either 100 or 1000. The 100 size will have an "M" for mini in the symbol so SPY1D=1000 SPYM1D=100. Best David but not sure understand 100% Can anybody help 1)So buying...
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    EFP Exchange For Physical

    Hello, If you are carrying long Stock you have tied up your money (borrowed from yourself) and possibly borrowed from your broker. If so you are absorbing 'cost of carry' in the form of an interest rate. You may be able to carry the position on more favorable financing terms by executing...
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