Quote
Inside the band. Fees beat the cost of the stock moving.
Market closedpool read 2h agoreal print Thu 3:59 PM ET
pool $21.50−0.23%
real $21.55
$21.45$21.62
Where to quote
$21.45 to $21.62: the real price plus the usual drift each side, on this pool's tick grid (ticks -245700 to -245580).
At today's pool price that is 71% FIG and 29% USDG.
Inside the band. Move the range when the real price moves, not when the pool drifts. The drift is the income.
Premium now
−0.23%
usual −0.4% to +0.3%
Reverts in
3 min
25.3 crossings a session
Stock's daily move
3.5%
the cost
Pool's daily move
3.5%
stock plus drift
The tape
since Sun 2:35 AM ET · 305 five-minute candles · studied 2h ago+2.7%+1.3%real−1.3%−2.7%
Mon, Sep 28Tue, Sep 29Wed, Sep 30Thu, Oct 1Fri, Oct 2
usual band pre and after hours market closed
Hover the tape for a reading.
Fees / day
$327
$109k volume × 0.3%
Pool size
$146k
82% a year, pool average
Fee yield, this band
2227%
a year in range, 334× vs the pool's 12×
Cost of the stock moving
1280%
a year. Fees cover 174% of it.
Volume outside hours
32%
16% while the market is closed
Before you quote
- Market closed. The real price is the last print, so part of the gap may be news the tape has not priced.