Futures For You by Carley Garner
Why trade ES options, and not the SPX or SPY options?
I’ve been asked on multiple occasions why I recommend S&P 500 options trades using the emini S&P futures options (ES) traded on the Chicago Mercantile Exchange (CME) rather than equity products such as the SPX or SPY. The truth is, I am a futures and options broker who deals solely in futures con-tracts and options on futures contracts. But besides the fact that options on futures are in my comfort zone and are the “bread and butter” of my business, there are some compelling reasons to trade emini stock index options and bypass the equity market versions ...