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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.
Place the Purchase Order (PO) number on the invoice. 1  One time/Open Market contract POâs begin with the letter P followed by six numbers (e.g. P123456). Master_selfet contract POâs begin with the letter P followed by six numbers, a colon, and a release number (e.g. P123456:123). Provide the receiving City Agencyâs Name and Address on the PO for the goods or services provided on the invoice.