Since there have been a number of posts about how slow the ES has been, you guys might want to look at the contracts that are moving like crazy.
Average true range of the ES is about 22 with a whole 11 points so far.
If you made the whole average range in a day that would be 22*$50=$1100 per contract with a $5625 margin.
The 6E contract has over a 200 tick average true range and a 194 tick range today.
If you made the whole average range in a day that would be 200*$12.50=$2500 per contract with a $4725 margin.
On a dollar for dollar basis that is a 19.5% possible return vs. 52.9%; not even close.
Currencies are not for everyone, but I thought it might be helpful for someone out there while we all wait (hope) for ES vol to come back.
Average true range of the ES is about 22 with a whole 11 points so far.
If you made the whole average range in a day that would be 22*$50=$1100 per contract with a $5625 margin.
The 6E contract has over a 200 tick average true range and a 194 tick range today.
If you made the whole average range in a day that would be 200*$12.50=$2500 per contract with a $4725 margin.
On a dollar for dollar basis that is a 19.5% possible return vs. 52.9%; not even close.
Currencies are not for everyone, but I thought it might be helpful for someone out there while we all wait (hope) for ES vol to come back.
