No registration required! (Why?)

ES and Cash prices

This is just an observation but the Sept contract @ the cash close was neck and neck in terms of price and this is only the middle of July, so I checked the Dec's and same thing only a point or so difference. Isn't that odd? I always remember a large prem to the ES...
The spread tends to drop, relatively, as interest rates fall and hence carry costs fall, and I've seen some futures trade at a discount at times.
I've noticed the premium being narrower in bear markets and wider in bull markets as well. Sometimes, but rarely, at a discount and only in fast moving markets and back to a premium when the market closes. As Jim said the premium reduces in a linear fashion by the fraction of days left to expiration.
Emini Day Trading / Daily Notes / Forecast / Economic Events / Trading Indicators / Search / Terms and Conditions / Disclaimer / Books / Online Books / Site Map / Contact / Privacy Policy / Links / About / Day Trading Forum / Investment Calculators / Pivot Point Calculator / Market Profile Generator / Fibonacci Calculator / Mailing List / Advertise Here / Articles / Financial Terms / Brokers / Software / Holidays / Stock Split Calendar / Features / Mortgage Calculator / User Pages / Donate

Copyright © 2004-2017, MyPivots. All rights reserved.