Been brought up...

[Mdtbyk]

if I want to hedge my ES future with spy or spx options how many contracts I need to cover 1 contract? As well what is better to hedge with spy or Spx? Also what has the most hours of trading as I read that some etf are trading now longer hours
Thanks

 

[cafeole]

500 shares of SPY is about 1 contract ES. If you use SPY options, that would be 5 contracts per ES contract.

 

[Mdtbyk]

Thanks so t

500 shares of SPY is about 1 contract ES. If you use SPY options, that would be 5 contracts per ES contract.

hey trade similer to the es options ?

 

[cafeole]

SPY trades almost exactly like ES. Don't know about ES options. SPY options are probably the most liquid options there are.

 

[Mdtbyk]

is it a good idea to hedge es futures with spy options?