Spy reference

jcga1981

Member
hello, generally when I operate with an asset I usually have spy as a reference ... now I want to start operating directly with spy ... for those of you who operate with spy, do you have any reference?
 

codydog

Active member
spy and /es are interchangeable and trade at a correlation of 0.99+/- , when they diverge arb traders come in and 'fix' it as both reflect a basket of securities.

if you're going to trade anything versus spy, my suggestion is to consider watching their correlation as some stocks and spy can trade at very wide divergences and never come close to intersecting.

ok, I'll ad that if you're a Tier 1 firm, there are real trading opportunities in these minor divergences, but, imo, the differences for most retail traders is not significant. please don't @ me because someone read an academic paper saying how much money they 'think' retail can make trading the arbs.
 
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jcga1981

Member
Thanks for the answer codydog ... you can possibly answer a question I have ... you can operate futures "on demand" ... I have the problem that the graph is loaded but then it freezes and does not advance ... happens with futures
 

jcga1981

Member
hello taking advantage of the thread ... does the /es perform the same movement as / esu20? I ask it because in the on-demand modality in the year 2018 it does not recognize me at the / es but nevertheless at esu18 it does
 

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