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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.
At this very moment that is not possible. You will only be able to buy their stock under two circumstances. Here they are: 1  When Snapchat decides to IPO and sell stock to the public on a stock exchange â NYSE, Nasdaq, etc.  If somehow you knew the Snapchat team and got a chance to invest with them. I.E. you give them money directly so they can invest it back into the company and in return they give you stock.