spot price

Today's price for buying something and getting it right away, not later.

The fuller meaning

The current cash price for immediate delivery. Futures prices differ from it by the basis, reflecting storage, interest and scarcity, and converge to it at expiry; in contango a rolled long futures position can fall behind the spot price.

spot price.

Related words

at the money · backtest · backwardation · basis · call option · contango · data snooping · delta · edge · entry trigger