V. 20:7 (48-49): Q&A by Don Bright
Product Description
Q&A by Don Bright
OPENING FAIR VALUE
I’m interested in what information or
data is needed to calculate opening fair
value for stocks, and how the calculations
are made. Any help would be
appreciated — Matthew Murray
We use the fair value (FV) number
offered at www.programtrading.com
(there are other sources, but I find theirs
to be right on most of the time). We then
find where the spot price of the S&P
futures closed, add FV to it, and call this
number “Spinx” (this is an actual symbol
on some data vendors, like Neovest
FirstAlert)....continuded
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