Quote
Inside the band. Fees beat the cost of the stock moving.
After hourspool read 2h agoreal print Thu 3:59 PM ET
pool $458.59−0.12%
real $459.16
$454.54$466.47
Where to quote
$454.54 to $466.47: the real price plus the usual drift each side, on this pool's tick grid (ticks -215200 to -214800).
At today's pool price that is 66% TSM and 34% USDG.
Inside the band. Move the range when the real price moves, not when the pool drifts. The drift is the income.
Premium now
−0.12%
usual −1.0% to +1.6%
Reverts in
33 min
8.5 crossings a session
Stock's daily move
1.2%
the cost
Pool's daily move
2.9%
stock plus drift
The tape
since Sat 10:50 PM ET · 88 five-minute candles · studied 2h ago+1.9%+0.9%real−0.9%−1.9%
Mon, Sep 28Tue, Sep 29Wed, Sep 30Thu, Oct 1
usual band pre and after hours market closed
Hover the tape for a reading.
Fees / day
$44
$4.4k volume × 1%
Pool size
$122k
13% a year, pool average
Fee yield, this band
66%
a year in range, 101× vs the pool's 20×
Cost of the stock moving
47%
a year. Fees cover 141% of it.
Volume outside hours
58%
50% while the market is closed
Before you quote
- After hours. The real price is the last print, so part of the gap may be news the tape has not priced.