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Online Share Trading

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Topi Futures

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DEP
Super Contributor
Topi Futures trading 250 points above TOPI current... Topi futures (29895) vs Topi current (29640). Futures usually trade 100 to 150 above current index. Rational?
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7 REPLIES 7
TOPIX
Regular Contributor
Am also still trying to understand the mechanics, but STX40 is trading ex dividend today.
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SimonPB
Valued Contributor
dep, close out only 10 days back, so it almost full quarter to expiry so should be trading 200-300 above topi .. reducing by about 5 points a day ..
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Rams
Super Contributor
so can this be used to any trading advantage
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mrCool07
New Contributor
Simon, wats the chance of a gap closure on the alsi today...
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Not applicable
Good. I would say. But am not Simon
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Rams
Super Contributor
but its not a very profitable gap to trade...with a 50 point stop loss, the gap must be at least 150 + 50 points?
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Rams
Super Contributor
my last target is at 30130 which is at around gap close and at at 38% retrace
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