What does Change mean?

Change shows the change in pricing of securities from previous days’ closing prices. It is the difference between the present price of securities, like stocks and bonds, and the closing price of the previous day.

It also stands for the present price of an option, and futures contract , and the closing price of the previous day. It is the difference between the present value of an index, and the closing price of the previous day.

For instance 1 1/8 stands for the security has fallen since yesterday by $1.12.