Want to hedge my SPX cfd with weekly SPY. Spy price now is exdivident

Discussion in 'Options' started by Millionaire_Raj, Mar 21, 2020.

  1. Want to hedge my SPX cfd position with weekly SPY put option.Spy price now is exdivident and so prices not matching with SPX.
    What strike price put option should I buy for hedging 2265 SPX for every dollar drop if my spy expiring on March 25
     
    Last edited: Mar 21, 2020