Trading the SPX Index

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• Trading the SPX Index

• Trading the SPX Index
• Author Hari Swaminathan

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About OptionTiger
Trading the SPX Index   If you like trading the
SPX Index, then you know there are many ways to
do it. But there are ways you could be trading
the SPX Index with leverage which you may not be
aware of.   -  The first is trading the SPX Index
options itself. There is no leverage here. The
SPX is a large Index and has wide Bid Ask
spreads.   - SPY ETF. Great ETF, 1/10th the size
of the SPX, this is the most liquid ETF in the
markets with a 1 cent Bid-Ask. But you have to
buy large quantities. And theres no
leverage.   - SSO and SDS. These ETFs have a 2X
leverage on the SPY. Not bad. Decent liquidity
with about a 5-cent Bid-Ask spread. Definitely
acceptable.
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• What if you want more leverage than that  ??
• Up until now, you did not have much options.
  Well, it seems like two instruments have come up
  recently the SPXL and the SPXS. As the names
  might suggest, the SPXL is a Long-instrument (3X
  leverage of the SPX), and the SPXS is a short
  version (also 3X leverage.)
• Ive been watching these for some time, and they
  are interesting. But they are still new, so
  liquidity needs to come into these instruments.

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About OptionTiger

• Check out this video I made on these two
  instruments. BOTH HAVE 3X leverage, but the price
  of the stocks is reasonable, so the Option prices
  are also reasonable. 

Do you have any thoughts on the SPXL and the SPXS
??
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