spy options

Hey

1) what is the price average of 1 spy contract ATM one month out on average ?

2) what happens if i have A SPY AT 278 and i sell one at 278.5 what are my risks ?
 
Hey

1) what is the price average of 1 spy contract ATM one month out on average ?

2) what happens if i have A SPY AT 278 and i sell one at 278.5 what are my risks ?

Here's a pretty readable book on options. It's probably a good idea to read it from cover to cover and then return to the forum to ask more questions.

 
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