The advantage of trading XSP options over SPY options

Discussion in 'Options' started by earth_imperator, Jun 15, 2023.

  1. Yeah, you are right.
     
    #11     Jun 15, 2023
  2. It was just a joke, man! :)
    Everybody knows indices can't be bought, only the underlying derivatives or components of them can be...
     
    Last edited: Jun 15, 2023
    #12     Jun 15, 2023
  3. BMK

    BMK

    I suppose maybe...

    If you had a position in SPX options that was, for example, five contracts...

    And for some reason, say, I dunno, risk management, whatever, you want to exit half the position...

    Then I guess you could do that with 50 contracts of XSP options.

    But in a retail account, I don't know if the broker would recognize it as an offsetting position...
     
    #13     Jun 15, 2023
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