Recent

% | $
Quotes you view appear here for quick access.

SPDR S&P 500 ETF Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • le_canard_en_caoutchouc le_canard_en_caoutchouc Oct 14, 2011 1:43 PM Flag

    Morning Gap-Ups Are Killing The Shorts

    ==>short being defined as contract settled on ask
    long being defined as settled on bid

    By "settled" you mean "traded"?

    If that's it, then it as OBV (or I guess it's more accurately money flow, which is a better measure than OBV), and of course there is no net short or net long position in the futures. (Again, I am not attacking, I am just making sure I am not completely effed up in my understanding of what a futures contract is --- after all, I trade them, and if turns out I don't understand them, I might be OFFICIALLY forced to disgorge my profits.)

    Anyway, I think there is useful info there, but I don't think it's as predictive as the name "net short position" implies.

    QUACKITY QUACK QUACK QUACK!

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • long live the the longsssss, oh my...also duck nut....you dont understand futures...there absolutely is a net long/short in futures depending on is it is a spec, non-spec, (producer/merchant). swap dealer, managed money and all other reportables. Settlement price is not last price traded...it is the daily price at which a clearing member clears all trades and settle all accounts for each contract month. The settlement price is used to determine margin calls and delivery prices...the exchange uses it as a way to even up positions which may not be able to be liquidated in regular trading.......so you dont understand futures.....you are lucky, you have no money to turn over, lol

 
SPY
217.12+0.35(+0.16%)Jul 29 4:00 PMEDT