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# ES, NQ and SPY, QQQ

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

1. ### Hamb-ltrd

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. ### spyderman

kid...you better learn some math!

3. ### Hamb-ltrd

Is it \$0.25 for QQQ and \$0.625 for SPY?

Hamp

4. ### spyderman

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

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

1NQ = 1379 X \$20 = \$27,580/\$34.26 QQQ= 805 Shares

6. ### Hamb-ltrd

txn

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