Tuesday, February 16, 2010

Re: [TheOptionClub.com] SPX Options?

 

Try optionetics.com for free option chains

Yahoo Finance uses it's own weird symbolology that no one else uses in the entire industry. They use the. ^ upcaret prefix, and also I've see .i and .o and .x suffixes. $SPX is the index, so you need symbol for the index. SPY is a stock so its just regular stock symbol. The future would be /ESH0 for March, but the H0 suffix will change to the next suffix for June shortly.

Open a free paper trade account thru CBOE website, which is run by OptionsXpress., and you can use their option chains.


From: OptionClub@yahoogroups.com <OptionClub@yahoogroups.com>
To: OptionClub@yahoogroups.com <OptionClub@yahoogroups.com>
Sent: Tue Feb 16 15:56:34 2010
Subject: [TheOptionClub.com] SPX Options?

 

Sorry if this is a stupid question. I've researchedd, done searches, played with yahoo finance, but I can't figure it out.

I've read and heard you can trade S&P 500 index options on SPY or SPX.

However, when I pull up the SPX ticker symbol in yahoo finance, the options link in the left menu is greyed out and disabled.

What is the correct ticker symbol to actually see the options?

Also, I wanted to check out other index symbols and their options, but I can't find any.

I found this list:

http://www.prophet.net/learn/indexsymbols.jsp

They all have the dollar symbol in front of the symbole, and yahoo finance wants a ^ instead.

Is there a list of the correct symbols where the actual option chain will show?

I went to the CBOE, and on the right, they have a small list, and one of them is RUT, for the russell index. On their site it shows the options, but not on yahoo finance.

Any help would be appreciated.

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