Q&A by Don Bright
Maybe Don or somebody else can tell
me how to calculate S&P futures. I
remember back in the early 1990s, one
guy at the quote terminal would calculate
it by having a Standard & Poorís
500 call and put option quote with the
S&P 500 indicator. Somehow, you
would subtract the price difference of
one or both contracts and come up with
a number (if it was less than 10, the
market was discount, and if it was
greater than 10, it was at premium) that
would indicate an imminent sell or buy.
It worked very well. Not only that, I
want to get a real-time tick.
I used to have this on my DBC/
QuoTrek machine in the early to mid-
1990s and it was great buy/sell indicator
when it went -900 or +600.
Iím not super-fancy and donít have
the systems most of you guys have. If
you know how I can get a real-time tick,
send me a holler. Thanks. ó dsq