Here was this morning's: There's more to know than just the tax advantage. I have personally traded both. I do require a minimal annual donation to keep the membership focused on serious traders. An index is a statistical measure of changes in a representative group of data points.
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"SPX" is the stock market symbol for the S&P stock index. Options trading on the SPX allows traders to set strategies to profit from projected changes in the stock index. When using options to invest in the Standard & Poor's Index, there are two very similar-looking assets from which to choose: You can trade an index (SPX) or an ETF (SPY). These options are ideal for trading because both are very liquid with high trading volume, making it easy to enter into, and. Trading in SPX options will ordinarily cease on the business day (usually a Thursday) preceding the day on which the exercise-settlement value is calculated. Settlement Value: Exercise will result in delivery of cash on the business day following expiration.