|
Yes, there is a fair value for the Nasdaq futures (and all other stock index
futures). It is even easier to calculate and arbitrage because there are
only 100 stocks in the index. Yes, there are buy/sell programs for the
Nasdaq 100. If you have a large portfolio, you could look into basket
trading with one of the major brokerage firms and then just get a real time
data feed into your spreadsheet and you could try arbing it yourself.
(Probably not worth it, though. Unless you can figure out some way that
youll be able to do it with an edge over everyone else doing it.) |
| In the last 5 months the Stock Docs NASDAQ day-trading Club has
recorded an astounding $50,000 in NET PROFITS on the MINI CONTRACT!!
Thats AFTER COMMISSIONS!! If you had traded the regular contract you
would have recorded $250,000 in profits. |
| NASDAQ-100 STOCK INDEX - CHICAGO MERCANTILE EXCHANGE
REPORTABLE POSITIONS AS OF 02/13/01 |
-------------------------------------------------------------|
NONREPORTABLE
NON-COMMERCIAL | COMMERCIAL | TOTAL | POSITIONS |
| When the market actually opened the Nasdaq went South. Since the numbers
I found under the heading of NSDQ100 and ENasdaq were so far away from
the CNBC numbers I have to think they are not the same. |
| Another suggestion is to use the pit traded Nasdaq and E-Mini Nasdaq
together. Either use the E-mini to scale in or out of a position and use
the pit traded contract opposite. You need to be careful and keep
everything straight (which takes an effort), but this helps use the
illiquidity and volatility to your advantage. Five E-mini contracts can be
offset in the back office versus one big contract, so you dont have to
worry about unwinding positions. |
