SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Trading SPY and DIA for Fun & Profit
SPY 687.390.0%Oct 29 4:00 PM EDT

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: James F. Hopkins who wrote (109)3/21/1999 12:59:00 PM
From: Kevin  Read Replies (1) of 130
 
ALL - I need your help, please. I know there are put option contracts that can be purchased for hedging against Spiders, aka SPY. I thought the symbol was LSX because I am pretty sure SPX are options against the full index. The LEAPS should be priced at sub $10.00, which means you can basically use the dividends from the SPY position to pay for the hedge. All I can find are LEAPS priced well above $100 which are obviously option contracts on the entire index, not SPY.

Does anyone know the option series symbol for the SPY leaps?

Thanks in advance.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext