SPY, SPX or /ES? - Stocks and ETFs Trading | futures io social day trading
futures io futures trading


SPY, SPX or /ES?
Updated: Views / Replies:940 / 6
Created: by MarvelousMoshe Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 100,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

SPY, SPX or /ES?

  #1 (permalink)
Trading Apprentice
Reno, Nevada
 
Trading Experience: Intermediate
Platform: Thinkorswim
Favorite Futures: options
 
Posts: 1 since Sep 2012
Thanks: 0 given, 1 received

SPY, SPX or /ES?

Hi,

I have a quick question.

I trade primarily SPY options.

When doing my chart analysis, what underlying should I use - the SPY, the SPX or the futures?

Any help would be greatly appreciated.

Thanks!

Reply With Quote
The following user says Thank You to MarvelousMoshe for this post:
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
Elite Member
McKinney, TX
 
Trading Experience: Intermediate
Platform: Think or Swim, NinjaTrade
Favorite Futures: The indexes, ES, YM, NQ & RTY
 
Posts: 165 since Aug 2012
Thanks: 215 given, 149 received



MarvelousMoshe View Post
Hi,

I have a quick question.

I trade primarily SPY options.

When doing my chart analysis, what underlying should I use - the SPY, the SPX or the futures?

Any help would be greatly appreciated.

Thanks!

I would use the underlying of what I was trading.

Reply With Quote
The following user says Thank You to dynoweb for this post:
 
  #4 (permalink)
Elite Member
Houston, TX
 
Trading Experience: Intermediate
Platform: NinjaTrader TWS Barchart
Broker/Data: IB / IB
Favorite Futures: SPY, QQQ
 
ElChacal's Avatar
 
Posts: 380 since Nov 2014
Thanks: 458 given, 256 received

This is such a great question that I bet would save small traders as myself, a lot of heartaches and busting. And I am trying to answer:

From the below video, it depends on the options "DELTA" (greek) but in round numbers you could say 1 ES = 5 SPY (ATM?) Options. Since, SPX is (10x) SPY, could we say that 1 SPX Option = 2 ES ...?

https://www.youtube.com/watch?v=UhJcjdYzAwk


Regards.

Reply With Quote
The following user says Thank You to ElChacal for this post:
 
  #5 (permalink)
Elite Member
Houston, TX
 
Trading Experience: Intermediate
Platform: NinjaTrader TWS Barchart
Broker/Data: IB / IB
Favorite Futures: SPY, QQQ
 
ElChacal's Avatar
 
Posts: 380 since Nov 2014
Thanks: 458 given, 256 received

Considering that when you buy and Option you pay Premium and it loses value as time passes, I am seriously considering Selling SPY OTM options as my new sole trading instrument.

Reply With Quote
The following user says Thank You to ElChacal for this post:
 
  #6 (permalink)
Trading Apprentice
Waco Texas/USA
 
Trading Experience: Advanced
Platform: TOS
Favorite Futures: Options
 
Pugged's Avatar
 
Posts: 12 since Mar 2017
Thanks: 8 given, 4 received

Netdania

And spx is a good track for spy. You can see pre-market activity & direction pretty good with shorter term maís

Reply With Quote
 
  #7 (permalink)
Elite Member
Houston, TX
 
Trading Experience: Intermediate
Platform: NinjaTrader TWS Barchart
Broker/Data: IB / IB
Favorite Futures: SPY, QQQ
 
ElChacal's Avatar
 
Posts: 380 since Nov 2014
Thanks: 458 given, 256 received


ElChacal View Post
Considering that when you buy and Option you pay Premium and it loses value as time passes, I am seriously considering Selling SPY OTM options as my new sole trading instrument.



Update: Iíve simply been buying calls. They are much cheaper.


Sent using the futures.io mobile app

Reply With Quote

Reply



futures io > > > > SPY, SPX or /ES?

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)
 

Journal Challenge $1600 in Prizes & Free Journalytix for all participants!

February
 

Trading Resolutions for 2019 - Avoiding Mistakes w/GFF Brokers

Feb 19
 

3 Excellent Entries, and How To Automate Them w/Kevin Davey

Feb 21
 

The Driving Force Behind the Market w/Earn2Trade

Mar 5
 

TBA w/Stage5 & iSystems

Mar 12
 

TBA w/John Grady @ No BS Day Trading

Mar 19
 

Day Trading Oil Futures: Reducing Risk & Increasing Profits w/DTN IQFeed

Mar 26
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
SPX/ES/SPY: who leads and who follows and why? snusnufreak Emini Index Futures Trading 17 February 15th, 2016 03:26 PM
Op-Ex week, ES /SPY and Dax markus1000 NinjaTrader Programming 2 August 16th, 2012 12:43 PM
How to trade SPY by putting orders on ES? (MultiInstrument trading) zokirb The Elite Circle 10 January 29th, 2012 11:09 AM
Trading SPY options or ES? blockschip Traders Hideout 8 September 11th, 2011 07:06 PM
Live SPX on your desktop TraderSU Reviews of Brokers and Data Feeds 1 September 30th, 2010 10:56 PM


Tags
atm, buy, delta, es, etf, futures, information, spx, spy, tapatalk, trading, trading instrument, underlying

All times are GMT -4. The time now is 03:40 PM. (this page content is cached, log in for real-time version)

Copyright © 2019 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432 WhatsApp Business, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2019-02-16 in 0.19 seconds with 13 queries on phoenix