Trading the S&P/DJIA spread

Discussion in 'Index Futures' started by esc_trader, Dec 22, 2002.

  1. Are you still trading the S&P/DJIA spread? If so how is it going?
    #111     Apr 2, 2003
  2. Maverick74


    Are you still trading the dow/spy spread?
    #112     Apr 10, 2003
  3. IngoPan


    Nice idea for scalping the indexes, but there is one thing i don´t understand yet.
    Lets say at 7/25 ,2:42 PM the spread was 80. This doesn´t mean imho that i get +80 ym points for profit as i have to deduct the loss/profit from the other contract i buy/short from it.

    Lets assume at 2:42 PM i shorted es at 994.75 (closing value of 13 min chart) and bought ym at 9226.Then at 4 PM u cover es at 997 and sell ym at 9255.

    Profit calc. would be:
    es -2.25
    ym +29
    =-112.5+145 > net profit (without commissions) : 32.5$

    One of the contracts always go against you (whether if u sell the spread or buy it).

    Greetings, Ingo
    #114     Jul 27, 2003