What are your favorite Stock (not Index) options to trade that closely track the Dow; S&P; NAZ. I realize there are actual index options, but options like the Q's don't move all that much, so one alternative might be to trade a more volatile equity's options instead. The DJX's have terrible spreads and only trade in Chicago. But there might be equity options out there that have tighter spreads/trade on more exchanges that could be used as a proxy for the DJX's. And so forth for the S&P index options. I realize equity options aren't 60/40, but I think some of the problems listed above may more than offset any favorable tax treatment of index options. Thanks MUCH.