YM Traders

limitdown · Sep 15, 2005

$300 intraday percontract margins carries the usual $9.50 = $10 percontract commission on a round turn

hedg · Sep 15, 2005

I never know, but IMHO, I at least see support for this into the 570's

hedg · Sep 15, 2005

$10 too high

stevegee58 · Sep 15, 2005

What was that limitdown? I don't follow where you're coming from.

jim c · Sep 15, 2005

just thought id throw this out there. we have a guy in NY that arbs the dia to the yms. (amex) hes tellin me that there are some size offers around the 10616 level. about 300k shares. thats around 600 yms. who knows if we'll even get back up there. just an fyi. jim

hedg · Sep 15, 2005

data is always good, maybe it'll become a magnet

bigbob · Sep 15, 2005

2:23 CST: long at 10591, target around ~10603, stop at 10585.

Bob

bigbob · Sep 15, 2005

stop to 10587

bigbob · Sep 15, 2005

and I'm out @ 10587

I'm 10585 bid now.

mhashe · Sep 15, 2005

Quote from blackguard:

long a bunch of contrats from 10570 to 10576

this is a multi-day trade. possibly holding until fed decision/meeting.

target at least 50 points

Looks like a good entry imo for a short term long swing. We're probably going off into a range till FOMC announces new rates. Bonds selling off, so I assume rates go higher. I'll wait till I see demand above 10605 before making a long commitment. Demand at 10605 takes us to 10660.