From our trusty AI companion: In after-hours trading for the E-mini S&P 500 futures contract (ES), the limit down is 7% below the 3:00 PM CT futures fixing price, and the 20% daily limit is also a factor. Here's a more detailed explanation: CME Group Price Limits: The CME Group, where the ES futures contract is traded, has specific price limits for equity index futures, including the ES. After-Hours Limits: During the overnight session (5:00 PM to 8:30 AM CT), there's a 7% price limit both up and down, based on the 3:00 PM CT futures fixing price. 3:00 PM - 4:00 PM CT: Between 3:00 PM and 4:00 PM CT, the downside price limit is the higher of 7% below the 3:00 PM reference price OR the 20% price limit that applied before 3:00 PM. Circuit Breakers: The 7% price limit is designed to coordinate with NYSE circuit breaker provisions. Trading Halts: If the price moves to the 7% limit, a two-minute monitoring period begins, and if a limit condition still exists, a two-minute trading halt occurs. Expanded Limits: If a limit condition does NOT exist, trading continues with price limits expanding to Level 2 (13%).
All AI-stuff just got 32% more expensive in the US Genius move! Companies commit to building factories in the US and as a reward their countries get hit with XX% tariffs... 3D chess! (unless now they cancel and tell the US to f-off) Edit: 200 points down move in minutes... wait till Asia and then Europe open
Loosen up, sunny boy. While this ain't a competition, it ain't a shouting match either. BTW you don't need to reply to every post. Some things are just better left ignored. Applies to all of us.
Yes or a 1DTE SPY put expiring tomorrow. The 552 I bought wasn’t even worth 1 (100$) Might be worth 4 or 5 if we open around 552.
We're afterhours, the spikes will be vicious We're hitting limit down tonight, I'm telling you. Building iPhone factories would take years... and then the iPhones would probably be even more expensive than just paying a 35% tariff... Now we just need to bomb Iran and sell all FK's gold to buy cripto