Is this calculation correct ? - Emini S&P500

Discussion in 'Index Futures' started by etrades, Jan 22, 2019.

  1. etrades

    etrades

    upload_2019-1-22_5-22-6.png

    why is it down -830 or so when the avg price (purchase price) is 2569 and last traded is 2655 ?
     
  2. ktm

    ktm

    The screen shot says the avg price is 2659.55 and it's 2655 now.
     
  3. Looks like your purchase price is 2659, the current price is 2655, and the "-830" is the market change from the last close... and has nothing to do with your position.

    That right, or am I missing something?
     
    tommcginnis likes this.
  4. tommcginnis

    tommcginnis

    GET OUT OF THE MARKET UNTIL YOU CAN DO THIS AUTOMATICALLY.
    (Or, is this just paper??? PLEASE say it is????)

    Early this morning (OP was at 0530hrsET), the market was down over 16 ES points.
    At $50 a point, that's your $800 negative.

    You Avg. includes commission -- that's why it's got a hanging 5¢.
    You put up LAST though -- and the last is just down 4pts. -- which would be a $200 loss.
    If you put MARK, and/or hit Refresh on your screen (or, CTRL-F), your numbers would refresh, and get you away from the -16pts.
     
  5. excrypto

    excrypto

    How did you get $50 a point? CME website says $12.50 a .25(1/4) point
     
  6. tommcginnis

    tommcginnis

    4 ticks = 1 point
    $12.50 * 4 =...... $50.

    Easy miss. :)
     
    CaseyB likes this.
  7. excrypto

    excrypto

    Thanks for not flaming me. I can't believe I missed that... Wow
     
    CaseyB and tommcginnis like this.