The key is your own judgment on the delivery date of IF 1008 (August 20th):

1. If it is judged that the Shanghai and Shenzhen 300 Index can exceed 2727.4 on August 20th. Then you buy (as small as 2727.4 points). In this case, at the time of delivery, the transaction will be conducted at (greater than 2727.4). A 300 yuan. Then you make a profit.

Second, if it is judged that the Shanghai and Shenzhen 300 Index is lower than 2727.4 on August 20th. Then you sell it at (above 2727.4 points). In this case, at the time of delivery, we will buy at a price (lower than 2727.4) and return the sold IF 1008 contract. This will make money.

The key is your judgment on the market outlook. You can make money from two-way futures trading. If the judgment is wrong. Just to make up for it.

It is very important to judge the market outlook. Read the "Treasury futures 3.27 incident" carefully and you will understand.

So:

1, the pricing point of stock index futures. We can leave it alone or we can't.

2. The due delivery point is calculated on an average basis on the spot basis. We can't control the Shanghai and Shenzhen 300 Index.

3. Futures price and spot price will converge to the same point (even X point). But when the buying point is below X point or the selling point is above X point, in that case. You will make money. But buy higher than x point or sell lower than x point. In that case, it's gone