The dollar value represented by a full point of price movement. In the case of stocks, the Big Point Value is usually 1, in that 1 point of movement represents 1 dollar; however it may vary. For example, the Big Point Value for the S&P Futures is 250, where 1 point of price movement represents 250 dollars. The Big Point Value for a stock such as JDSU is 1, where 1 point of movement represents 1 dollar.
You can find the Big Point Value for a symbol plotted in a Chart Analysis window on the Data > Edit Symbol - Properties tab.
The currency value represented by a full point of price movement. In the case of stocks, the Big Point Value is usually 1, in that 1 point of movement represents 1 dollar, however it may vary.
No base commission; $0.60 per contract. Index options: $1 per option contract (one contract minimum). $35 IRA annual account fee; $50 IRA account termination fee. $125 outgoing account transfer fee; $10 monthly inactivity fee.
For stocks, one point equals one dollar. So when you hear that a stock has lost or gained X number of points, it is the same as saying the stock has lost or gained X number of dollars. Using points to describe share price gains, or declines, is generally done to describe short-term results, such as for the day or week.
The definition of point value can vary from trader-to-trader. The purpose of the point value is to determine the price of a complete contract or to determine profit or loss. Therefore, you must know the contract size and the price quote to accurately the point value in making the desired conversion to dollars.
The term point value is used in the secondary market, more specifically in futures and options trading. The meaning of this term and its significance is given hereunder. In futures trading, the point value is the value of each point of price movement in a contract. It is used to calculate the profit or loss of a trade.
Futures traders usually refer to price movements in terms of points. This is the minimum price fluctuation on the left side of the decimal point. Example of Point. Taking the S&P 500 E-Mini (ES) futures price as an example, a one point move would be if price went from from 1314.00 to 1315.00.
Introduction: My name is Melvina Ondricka, I am a helpful, fancy, friendly, innocent, outstanding, courageous, thoughtful person who loves writing and wants to share my knowledge and understanding with you.
We notice you're using an ad blocker
Without advertising income, we can't keep making this site awesome for you.
You can find the Big Point Value for a symbol plotted in a Chart Analysis window on the Data > Edit Symbol - Properties tab.