Notice the usual ramp in the June contract.
They got it to close at 3922 above XJO high point today and Jun SPI was 7 pts discount at yesterday's close.
9 times out of 10 it pays to hold those long expiring contracts till the bitter end but 1 time they will do the opposite.
Not impossible for them to get SPI to close 20 or 30 pts higher than XJO high point if they do it right.
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Last
8,561.8 |
Change
-68.500(0.79%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,630.3 | 8,630.3 | 8,544.7 |
| XJO (ASX) Chart |