Move on the day
The change in the front-month futures contract from the prior session's close, so an overnight move counts even before the cash open. Quotes are delayed about 10 minutes.
Thursday, October 15, 2026. What is moving across the futures markets, why, and what is scheduled next. It is the first panel FP Terminal members open, and it is free to everyone.
Crude oil (CL) is the biggest mover on the board, -2.3% on the day. NY Empire State Manufacturing Index (Oct) printed 25.5 vs 10.3 expected. VIX 16.46 (-0.41).
This is one panel. Members get the whole terminal: the quote board, the desk wire, dealer-gamma walls and the 3D landscape, $1M+ options prints, the vol surface, the London, New York and Asia editions, and the Discord.
Start your 3-session free trial ↗The change in the front-month futures contract from the prior session's close, so an overnight move counts even before the cash open. Quotes are delayed about 10 minutes.
Economists' median forecast for a release, then the number that printed. The gap between them — the surprise — is what usually moves futures, not the level itself.
How options dealers' hedging affects moves in the index futures. Dampening: their hedging leans against moves. Amplifying: their hedging adds to them. It describes the volatility backdrop, never a direction.
Implied volatility on the S&P 500 and the Nasdaq-100 — the options market's price for the next 30 days of movement.
Free every Sunday: the week's biggest futures moves, what printed against consensus, and next week's calendar.
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General research and education, not personal advice. Futures involve substantial risk of loss. Market data can be delayed; moves are percentages on the front contract and are not a price feed. Risk disclosure.