SPDR S&P 500 (SPY)

[Fox13]

Be: Thank you. You are too kind. If interested in options, L. G. McMillan’s ” Options, as a strategic investment” is an excellent start. Some wise guys might think it’s outdated, but the basic principles are there, clear and simple. I personally like to buy calendar spreads 10 days before expiration, like right now. When you do that, TIME is on your side. Right now I have Q put spreads which I am keeping. For example: buy May 45 puts and sell Mar 40, 41 or 42 puts, or a mixture of them - which is a Scottish spread. You can start a paper trade, for fun, and follow every day the prices. Good luck.