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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.
If you know someone who has a Costco membership, Consumerist says you can ask them to buy a bunch of $10 pre-paid Costco Cash cards for you. All you have to do is show the card at the door to gain entry, then use it at the register when you check out, paying anything over $10 with cash or a debit card.