Consider XSP as an alternative

    SPX 10 and 5 min

    Posted by jtsurfah on 26th of Jun 2020 at 12:38 am

    Consider XSP as an alternative to SPX if size is an issue. Even 1 SPX option is a large chunk of notional value - XSP is 10x vs SPX at 100x. Same tax treatment.
    Downside is that you don't get the extended markets with XSP that you do with SPX. But how many people even realize that SPX  (and VIX) starts trading at 2am?  

    Thanks. I’m fine w SPX

    Posted by ojc345 on 26th of Jun 2020 at 09:29 am

    Thanks. I’m fine w SPX size; mainly want to understand if European settlement presents any issues. Don’t want to get taken to cleaners unexpectedly. XSP doesn’t show good volume yet...too new. 

    Good Morning - So SPX

    Posted by arun on 26th of Jun 2020 at 04:58 am

    Good Morning - So SPX and VIX options start trading from 2AM ?????

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