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Nasdaq 100 Dec '12 (NDZ12)

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Nasdaq 100 Futures Market News and Commentary

Stocks Moderately Lower Ahead of the Quarterly Triple-Witching Event

The S&P 500 Index ($SPX) (SPY) today is down by -0.13%, the Dow Jones Industrials Index ($DOWI) (DIA) is down by -0.17%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down by -0.19%.

Stocks today are moderately lower, giving back some of Thursday’s sharp gains.  Stocks are under pressure today from some negative corporate news.  FedEx is down more than -14% after reporting Q1 adjusted EPS well below the consensus and cutting its 2025 adjusted EPS forecast.  Also, Lennar is down more than -4% after reporting Q3 net new orders below consensus.

Market volatility today may be higher than usual due to the quarterly episode known as “triple witching,” when derivatives contracts tied to stocks, index options, and futures expire, potentially amplifying market moves.  According to analytical firm Asym 500, about $5.1 trillion of contracts are set to expire today.  The expiry today also coincides with the rebalancing of benchmark indexes.  The event has a reputation for causing sudden... Read more

Contract Specifications

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Contract
Nasdaq 100 Index
Contract Size
$100 times Index
Tick Size
0.25 points ($25.00 per contact)
Trading Hours
5:00p.m. - 4:00p.m. (Sun-Fri) (RTH 8:30a.m. - 3:15p.m.) (Settles 3:15p.m.) CST
Exchange
CME
Point Value
$100
Margin/Maintenance
$19,800/18,000
First Notice Date
03/20/13
Expiration Date
12/21/12 (expired)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

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Period Period Low Period High Performance
1-Month
2,597.00 +2.35%
on 11/23/12
2,711.00 -1.95%
on 12/19/12
+62.05 (+2.39%)
since 11/21/12
3-Month
2,491.00 +6.71%
on 11/16/12
2,856.50 -6.95%
on 09/24/12
-194.45 (-6.82%)
since 09/21/12
52-Week
2,251.50 +18.06%
on 12/28/11
2,872.00 -7.45%
on 09/21/12
+427.55 (+19.17%)
since 12/21/11

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Stocks Moderately Lower Ahead of the Quarterly Triple-Witching Event

The S&P 500 Index ($SPX ) (SPY ) today is down by -0.13%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down by -0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -0.19%. Stocks today are...

AMAT : 191.74 (-2.53%)
FRO : 22.47 (-6.14%)
ADI : 226.22 (-3.10%)
TXN : 202.57 (-2.42%)
$IUXX : 19,753.13 (-0.44%)
DASH : 137.53 (+0.17%)
ZNZ24 : 114-190 (-0.12%)
GFS : 39.59 (-3.49%)
PBF : 31.90 (-5.84%)
LRCX : 767.70 (-2.71%)
VLO : 134.00 (-3.38%)
ASMB : 18.60 (+0.54%)
3 Dividend Powerhouses, Including One With 7% Yield

By investing in these dividend powerhouses, investors can achieve reliable income, mitigate risk through diversification, and potentially enjoy capital gains.

TU : 16.73 (-0.71%)
$SPX : 5,695.79 (-0.31%)
EPD : 29.33 (-0.20%)
ABBV : 193.26 (-0.19%)

Key Turning Points

3rd Resistance Point N/A
2nd Resistance Point 2,658.05
1st Resistance Point 2,658.05
Last Price 2,658.05s
1st Support Level 2,658.05
2nd Support Level 2,658.05
3rd Support Level N/A

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52-Week High 2,872.00
Last Price 2,658.05s
Fibonacci 61.8% 2,634.97
Fibonacci 50% 2,561.75
Fibonacci 38.2% 2,488.53
52-Week Low 2,251.50

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