Contract Type: 0-100 where 0 = $0 in value and 100 = $10 in value
Event: Politics - US Presidential Election
Contract: George W Bush is re-elected as United states President
0-100 contracts trade between 0-100. 0 = $0.00 and 100 = $10. 1 point = $0.10 per contract for a total of $10 per contract
| Contract | B Qty | Bid | Ask | A Qty | Last | Vol | Chge |
|---|---|---|---|---|---|---|---|
| |
3590 | 48 | 50 | 4560 | 48 | 6800 | +2 |
If you think Bush will win in 2004 then BUY at 50
If he wins the election in 2004 the contract settles a 100 or $10 and you have bought 10 contracts @ 50 your profit will be $50 ($5 per contract times 10 contracts)