You can buy puts on the or the SPX Index . They track the same market but have different rules: SPX vs SPY: How to Trade the S&P 500 - Option Alpha
: Puts can offer much higher returns than short-selling the market directly if a significant drop occurs. Core Mechanics buying s&p puts
: Known as a "protective put," this limits your downside risk without requiring you to sell your stocks. You can buy puts on the or the SPX Index
Think of a put option as a that gives you the right to sell the S&P 500 at a fixed price, even if the market crashes below that level. 🛡️ Why Buy S&P Puts? buying s&p puts