SPYJ options volume

Discussion in 'Options' started by magmiv, Oct 7, 2013.

  1. magmiv

    magmiv

    SPYJ are the 1000 share contracts, why are there volume so low in comparison to standard SPY? The bid ask spread is big, was going to use it as a substitute to trading SPX options
     
  2. newwurldmn

    newwurldmn

    Why would you trade these over spx?

    If it ain't broke, why fix it?
     
  3. magmiv

    magmiv

    because IB charge > $1.5 a leg commission for SPX, ~ half that for SPY.
    any idea why SPYJ are like that?
     
  4. mag...why not just do ES options?