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The S&P 500Â® index option contract has an underlying value that is equal to the full value of the level of the S&P 500 index. The S&P 500Â® index option trades under the symbol of SPX and has a contract multiplier of $100.ow to Trade S&P 500 Index Options. If you are bullish on the S&P 500, you can profit from a rise in its value by buying S&P 500Â® (SPX) call options. On the other hand, if you believe that the S&P 500 index is poised to fall, then SPX put options should be purchased instead.
On your Mac or PC. 1  Open iTunes, and go to the iTunes Store. 2  Find the item that you want to pre-order. 3  Click the orange Pre-Order price button.  When prompted to confirm your order, click Pre-Order. You might be asked to enter your 1  password. If your pre-order is successful, a message confirming it appears.