Question: Consider the S&P 500 futures index values reported between 10:00 am and 2:00 pm in the table to the right. Each index point has a
Consider the S&P 500 futures index values reported between 10:00 am and 2:00 pm in the table to the right. Each index point has a value of $50. (a) At 10:00 am a trader believes that if the S&P 500 futures index reaches a previously established support plane at a price of 4,462 it will increase significantly over a period of time. They want to guarantee that they get in at the support plane price, or better. What order can they place in order to take advantage of this belief? Provide both the full name and target price
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