Less expensive SPY equivalent

Picture of Heather Cullen

Heather Cullen

Author
In The Money

Home Forums ITM Chat Less expensive SPY equivalent

  • This topic is empty.
Viewing 11 posts - 16 through 26 (of 26 total)
  • Author
    Posts
  • #16530 Reply
    George Henry
    Guest

    Hi Tim,

    So you spent almost $7k to buy SPLG.
    Congrats and happy New year to you.
    Please keep us updated. Thank you.

    #16531 Reply
    Tim
    Guest

    No, I meant the price of the underlying was around $69 when I bought it, more like $67 now after several days decline. The option price I paid was something around $2700 each. I bought several.
    I will keep us informed how they do

    #16532 Reply
    George Henry
    Guest

    Thank you, Tim, for your clarification.

    #16534 Reply
    George Henry
    Guest

    Hi Tim,

    I am looking at the 10ma and 50ma and 200ma for SPLG right now. It is a good time to buy SPLG right now because the 10ma is touching the 50ma.

    The Golden Cross and Death Cross for the ITM is when 10ma is crossing the 200ma.

    #16541 Reply
    Tim
    Guest

    Has anyone tried using ITM options on futures, for example MNQ or MES options? Could these be used in similar way to SPY and QQQs? They have deep ITM option expiries out at least 6 months. I can’t see it would be much difference using these but haven’t seen anything written about using these instruments as an alternative

    #16584 Reply
    George Henry
    Guest

    Today on January 8 of 2025
    I use $2,000 to buy SPYG 1 contract
    Strike price $70
    Expiry June 2025

    Will keep everyone updated
    Please keep each other updated

    #16585 Reply
    Tim
    Guest

    That will be interesting To see how your SPYG compares to my SPLG in a few months time

    #16586 Reply
    George Henry
    Guest

    Hi Tim,

    I am buying both SPLG and SPYG.
    Thank you for sharing your inputs.

    #16776 Reply
    George Henry
    Guest

    SPYG $79 Call
    20 Jume 2025
    up 44%

    SPLG $60 Call
    19 Sept 2025
    up 23%

    #16781 Reply
    Tim
    Guest

    I think Yu must have bought on the January dip. Well done George. Please keep us informed

    #16866 Reply
    George Henry
    Guest

    I bought them in September and
    October of 2025. Please keep
    Each other updated. Thank you.
    Don’t lose money” Warren Buffett

Viewing 11 posts - 16 through 26 (of 26 total)
Reply To: Less expensive SPY equivalent
Your information:




Heather Cullen

ITM Blog

Heather Cullen

Thank you – your message has been sent.

You will be notified when there is a new blog post.

 

Please note that Heather answers all questions at the end of the ITM Blog.

 

Happy trading!