Replies to post #108931 on SPDR S&P 500 (SPY)

[2bit-nothing]

Hi Eliz,

I was trading OEX options long before SCAM. But he confirmed my findings that they have the best bang for the buck. The minimum increment for OEX options is a nickel while SPY is a penny, that perhaps give you the impresssion that it is moving 5 times faster. They should all move proportionally with the market. SPY options trade in the thousands and OEX options in the hundreds and that is where the opportunity lies, the spread is large but so is the gain/loss.

2bit