|
Re: Big Dow?
3 tick spread so the cost of getting in and out at the market will be $75, much like the SP (pit traded)
There is a good chance the best bid will be lower than the YM bid and the offer will be higher than the YM offer.
example
DD 12000 bid 12003 offer
YM 12001 bid 12002 offer
The products are fundgible, or something like that so I think you can offset a DD position with YM contracts, but you need 5 YM's to offset the 1 DD when your position is cleared at the end of the trading day.
I tried trading the DD when it first came out, just too my cues off the YM but just over coming that 3 tick spread is tough and you need to get out when you see better bid/offer.
Last edited by wsam29; 01-29-2007 at 03:49 AM.
|