Spx weekly options bid ask spread
I urge readers to visit the CBOE website to obtain more detail.First, the one part of SPX Options that always interested me was that it was CASH SETTLED. This meant that no shares ever changed hands and at expiry the difference between the settlement price and the strike price was weekl added or subtracted from the account balance. Quick Review of Mechanics1. Their price is roughly 10X the equivalent SPY option. If the SPX options are too large for you weekyl CBOE also offers XSP contracts which are approximately the same notional size as SPX options.
Options spread weekly spx bid ask