Thursday, July 16, 2009

[TheOptionClub.com] SPY quote for Thursday

 

I'm getting quotes for SPY from every source as 93.11. However, I was watching the rally that occurred after lunch (as my calendars were getting creamed) and the TOS intraday chart shows a high of 94.50 fifteen minutes before the closing bell. At 3:00, it closed at 94.12. It has not gotten near 93.11. Thirty-five minutes after the close, it dipped briefly to 93:11 but quickly shot back up to 93.94 in the next minute. Right now as I look at the 1-minute chart of SPY, I see that it stopped trading (at 7:00 pm Chicago time) at 95.79. What is with this 93.11 quote and where did it come from? Should we look forward for a corrected price since this erroneous price is screwing up a lot of people's calculations.

RFH

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