Odd Market

Madden 09 legends. Odd Lot Theory: A technical analysis theory/indicator based on the assumption that the small individual investor is always wrong. Therefore, if odd lot sales are up - that is small investors are.

. A lot is the standardized number of units in which a financial instrument trades. Shares trade in 100 share units, called round lots, but can also be traded in odd lots. Bonds can be sold in lots of $10,000 or higher, although face values may be as low as $1,000 which individual investors can purchase. A trader can buy or sell as many futures as they like, although the underlying amount that contract controls is fixed based on the contract size.

One option represents 100 shares of the underlying stock. Forex is traded in micro, mini, and standard lots.Bonds. When it comes to the, lots are known as. The underlying asset of one futures contract could be an equity, a bond, interest rates, commodity, currency, and so on. Therefore, the contract size varies depending on the type of contract that is traded. For example, one futures contract for corn, soybeans, wheat, or oats has a lot size of 5,000 bushels of the commodity.

The lot unit for one Canadian dollar futures contract is 100,000 CAD, one British pound contract is 62,500 GBP, one Japanese yen contract is 12,500,00 JPY, and one Euro futures contract is 125,000 EUR.