Investing

Index ETF (in USD) optoins friendly

  • Last Updated:
  • Oct 9th, 2019 1:41 pm
[OP]
Newbie
Aug 25, 2019
18 posts
7 upvotes

Index ETF (in USD) optoins friendly

Looking for ETF's nominated in USD which would track an index (S&P500, Nasdaq, Dow) and have frequent options. This is what I am aware of: SPY, QQQ, and VTI.

Is there any other ETF which would have 3 options a week (similar to SPY) with performance of QQQ (appr. 99% for 5y).

Or ETF with weekly options however outperforming QQQ.

Not leveraged ETF's.

Thanks
3 replies
Deal Addict
Apr 22, 2014
3097 posts
468 upvotes
Oshawa, ON
simple answer no. SPY and QQQ are special beasts.
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[OP]
Newbie
Aug 25, 2019
18 posts
7 upvotes
Thank you. there is another one, NDAQ, options once a month only however better performance than QQQ. Any thoughts?
eldeejay wrote: simple answer no. SPY and QQQ are special beasts.
Deal Addict
Apr 22, 2014
3097 posts
468 upvotes
Oshawa, ON
ElviBel wrote: Thank you. there is another one, NDAQ, options once a month only however better performance than QQQ. Any thoughts?
NDAQ is Nasdaq the company, not an ETF. QQQ is an ETF that tracks the index.

Most ETFs track an index. Check out ETF websites and read descriptions of what the index is.

You will not find any ETF with as many options chains listed as SPY. It's the biggest. QQQ is probably 2nd biggest. It's all downhill from there as far as liquidity goes. And if you are devising a strategy with options, liquidity will be VERY important. Don't assume you can actually get a passive fill in most cases.
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