Spi Premium
There is not much chance of the SPI posting a premium
- at least until after this contract expires
Fair Value for the SPI is currently 33 points below the XJO
- as some of the bigger stocks go ex-Div the negative premium will decrease
Of course, every now & then , the SPI punters can run the premium up sharply after 16:10 after they kiss the XJO goodbye for the day - But through the day the SPI does not cvary much from Fair Value
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