SPY

The SPY Long Strangle Trade

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SPY long strangle

SPY is the ticker symbol for the S&P 500 ETF. As such, its price movement reflects the broader market’s movement. If an investor expects a significant market move (or a larger-than-expected move), the SPY long strangle trade is a strategy aligned with that outlook. The options strategy known as the “long strangle” involves buying an … Read more

Does SPY Have Dividends?

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does spy have dividends

Yes, it does. Investors holding the SPY receive a dividend payout once every quarter. A quarter is three months. There are four dividend payments made annually. This is because SPY is the ticker symbol for the ETF (Exchange-Traded Fund) that tracks the S&P 500 index. As an ETF, it is treated very similarly to a … Read more