Quote from opt789:
Well since you can't seem to see that I am trying to keep you from throwing money away, I will say that if you just want tight bid/ask then try the QQQQ or NDX. SPY is liquid and relatively tight bid/ask also, but when you multiply it by 10 to compare to the SPX you will soon see there are no good spreads with options. $1 bid at $1.01 is exactly like trading a stock that is $100 bid at $101. Would you trade AAPL or IBM if it were a dollar wide? So the huge bid/ask compared to stocks and futures and the added component that you don't seem to understand theoretical value, theta, gamma, delta, etc. should make you think twice.
