ES, NQ and SPY, QQQ

Discussion in 'Index Futures' started by Hamb-ltrd, Oct 23, 2003.

  1. Hi,

    From other posts I understand that 1 ES contract = 500 SPY and
    1 NQ contract= 800 QQQ

    Is that correct?

    Now 1 ES point = ? SPY and
    1 NQ point = ? QQQ

    Thank you

    Hamp
     
  2. kid...you better learn some math!
     
  3. Is it $0.25 for QQQ and $0.625 for SPY?

    Hamp
     
  4. only cause you are persistant.......
    ...if 1 pt in ES = $50...and 500 spy = 1ES..... a $.10 move in SPY is $50.


    if 1 pt. in NQ = $20.00 and 800 QQQ = 1NQ.... a $.025 move on 800sh = $20.


    your results, .25 for qqq and .625 for spy would be $200 and $312.5 profit respectively....equivalent to a 10 point move in the NQ and 6.25 in the ES.
     
  5. Ebo

    Ebo

    1 ES = 1027 X $50 = $51,350/$103.23 SPY = 497 Shares

    1NQ = 1379 X $20 = $27,580/$34.26 QQQ= 805 Shares
     
  6. txn