Just came across a good post from The Options Insider founder Mark Longo about the advantages of using options on the S&P 500 ETF (SPY) instead of the traditional SPX options.
We've written about the advantages of ETF over traditional index options many times before (see our trading rules),
but Longo makes a great case for the specific reasons why SPY is a
superior choice for most investors. Some people probably don't know,
for instance...
Read the rest of our article at our options trading blog...
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