Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of MIBest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd
Search
Shrewd'm.com Merry shrewd investors
Search
Best Of MIBest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd


The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
Answer this questionContinue to Shrewd'mThis note won't appear again
Investment Strategies / Mechanical Investing
Unthreaded | Threaded | Whole Thread (9) |
Author: rayvt 🐝  😊 😞
Number: of 6131 
Subject: Re: CNN Index
Date: 07/06/25 12:48 PM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 6
I´d love to buy puts (on the index, too much work+risk for single stocks), but can´t find such, so the only option I see are inverse ETF´s.

XSP options. MINI SPX
Here is part of the .XSP Jul 17,2026 option chain from Fidelity.

Strike    Bid       Ask       Volume    Open Int  Imp Vol   Delta
 PUTS XSP at $627.94
618 31.21 32.18 0 0 17.89% -0.3701
619 31.49 32.46 0 1 17.83% -0.3733
620 31.9 32.58 0 4 17.77% -0.3764
621 32.06 33.04 0 0 17.71% -0.3797
622 32.35 33.33 0 0 17.65% -0.3829
623 32.64 33.63 0 82 17.60% -0.3862
624 32.93 33.92 0 0 17.54% -0.3894
625 33.37 34.05 0 0 17.48% -0.3927
626 33.52 34.53 0 0 17.42% -0.3961
627 33.82 34.83 0 0 17.36% -0.3993 This and above are OTM
628 34.13 35.14 0 0 17.30% -0.4027 This and below are ITM
629 34.44 35.45 0 0 17.25% -0.4062
630 34.87 35.59 0 0 17.18% -0.4096
635 36.5 37.21 0 0 16.89% -0.4271
640 38.16 38.91 0 0 16.60% -0.4453
650 41.8 42.63 0 0 16.05% -0.4835
660 45.86 46.68 0 0 15.51% -0.5239
670 50.37 51.23 0 1 15.02% -0.566
680 55.37 56.27 0 0 14.56% -0.6093
690 58.55 59.1 0 0 -- -0.6534
Post New | Post Reply | Report Post | Recommend It!
Print the post
Members reply directly to rayvt here — and replies get answered. Reading is free; so is joining the conversation. Join Shrewd'm »
This community has written 6,115 posts about Mechanical Investing. The article-length ones it recommended most:
Dividend investing · 52 recs · 2025
Non-Mag7 screen · 34 recs · 2025
OT - Div yields and returns · 32 recs · 2024
Using AI to generate backtesting programs · 30 recs · 2025
Rankings for 19Dec2022 · 29 recs · 2022
Unthreaded | Threaded | Whole Thread (9) |


Announcements
Mechanical Investing FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of MI | Best Of | Favourites & Replies | All Boards | Followed Shrewds | Open Questions | Moving a community