Trading options on SPX, NDX, or XSP will require a higher level of trading authority. Some brokers may ask you to complete a questionnaire or take an online course to demonstrate your knowledge ...

While there might not be VIX shares to trade ... investors use VIX options to hedge their equity exposure. For example, since it's generally expected that the VIX and SPX will move inversely ...

While SPY offers superior accessibility and lower fees for most investors, SPX options provide tax advantages and extended trading hours for active options traders. Which ETF you choose is really ...