That should have read December futures, which took over from the September futures. They were 3 months contracts. The SPI in 1987 traded at $100 per point. The deposit money was $6,000. On the morning of the crash the deposit money was put up to $100,000 which really meant you could only get out of existing contracts as $100.000 was equal to 1,000 points & too expensive.
As a result of the crash at least two brokers were bankrupted. (Bisleys & Jacksons).
I had sold 5 puts & 5 calls & was 5 contracts short which meant I was protected.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$182.53 |
Change
-0.320(0.18%) |
Mkt cap ! $305.4B | |||
| Open | High | Low | Value | Volume |
| $182.51 | $183.00 | $180.13 | $1.091B | 6.388M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 400 | $182.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $182.55 | 3394 | 1 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| CBA (ASX) Chart |