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S&P/Experian First Mortgage Default Index is at 0.74%, compared to 0.72% last month and 0.84% last year. This is lower than the long term average of 1.91%. Category: Household Assets and Liabilities.
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.