A “futures” contract is an agreement to pay a certain price for a stock, or index fund, on a certain date IN THE FUTURE. March 13, 2013 date is the the strike date of the contract. However, it seems that the futures price usually translates into the opening price move on the next day of trading.
Thanks — I thoght Futures were usually posted on Sunday night — I just haven’t seen one so far in the future for DOW — just commodities — but then I’m new at this. So I can feel comfortable putting that -226 in an e-mail. Thanks again.