DUDE... if I trade 10 contracts which controls 1000 Q shares and I make $1.00, I just made one point or $1.00 dollar x 1000 or $1000 in profit!?
In other words, saying I made $1.00/share and knowing I trade 10 contracts which controls 1000 shares implies that I just made One thousand Dollars, no? Therefore, I just report the dollar amount I've made, $18.28, and EVERYONE can calculate (knowing the base calculation is using 100 shares), that I'm Up $18,280, yes?
NOW, some play-ar's refer to points in differing regards, yes?
Q's moving from 44.00 to 44.50 would have some saying it moved up 50 points when it actually moved up .50 cents?
Q's going form 44.00 to 45.00 could also be moving up 1.00 point or one dollar?
Hence, its all about the Lingo now isn't it, now do you still want to Tango or have we Lingo'd and Tango'd enough already, LOL!?
Good nite,
nm
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