I’ve posted the February monthly recap of activity in the CME Case Shiller housing contracts to the Reports section (or one can access here).
A key impression when comparing information from Feb 28 versus Jan 31 (or Dec 31, … Read More
While much of the press seemed to interpret today’s Case Shiller #’s as weaker, a comparison of the actual numbers versus the mid-market quotes for the expiring Feb 2014 (G14) contract suggests that the numbers were more bullish than expected.… Read More
In what was a very gratifying (to me) set of actions, one (or some?) trader seems to have taken my comments on the Feb ’14/’15 calendar spread for the HCI contract (CUS 10-city index) and expanded that approach into two-sided … Read More
I posted a recap of activity in the CME Case Shiller (home price index) Futures for the month of January to the Reports section (or you can click here).
The highlights of the month include:
As I mentioned in the month-end summary, bid/ask spreads have compressed slightly since Dec. 31. I posted a set of tables in the Reports section (click here) that shows the changes between Dec 31 and Jan 9. The BOS, … Read More
I’ve posted a recap of activity in the CME S&P Case Shiller home price index futures for the month of Nov to the Reports section of this website (or one can click here to access.) The report uses an end … Read More
The narrowing in the bid/ask spread in longer-dated California markets (particularly LAX) has been primarily a function of traders offering lower. Those lower offers have also impacted intercity spread quotes, both by narrowing the “arb” level (simultaneous lift one offer … Read More
In working to update the marketing book, I compiled historical open interest and volume data from the CME covering the period 2006-2013 into two tables in the Reports section (or that one can access here volume, open interest) … Read More
I have taken some of the graphs from month-end recaps and used them to update my marketing book for the CME S&P Case Shiller home price index futures. The presentation is in the Reports section or can be accessed here.… Read More
I’ve updated several links on the Reports page that will take readers to:
- A 16-page recap of activity in the CME S&P Case Shiller futures for October (here)
- A set of graphs for the 11 contracts (here
… Read More