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An option on the S.& P. 500 trades on the Chicago Board Options Exchange and covers stock worth 100 times the value of the index.
Others said the swings might attract traders of index futures, who try to guess the future value of the index.
As of Friday, Citigroup accounted for less than 1percentt of the value of the index, which includes 30 stocks that make up the best-known barometer of Wall Street.
"The daily periodic rate of finance charge for each billing cycle shall be a rate computed by adding a margin ('Margin For Cash Advances') to the value of the index and dividing by 365.
That translates to a little under 1% of the total value of the index, with energy, non-cyclical consumer stocks and basic materials to the fore (see chart 2).
A higher value of the index means lower economic distortions.
"Right now, they're selling for less than 6% the value of the index.
Higher the value of the Index indicates higher the maintainability of the mechanical system.
A higher value of the index implies better maintainability of the systems.
A higher value of the index represents a better stress condition for the assessed bridges.
Geometrically the value of the index can be calculated using the Lorenz curve (Figure 8).
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com