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greetings options traders thank you for joining us today and a special thank you to my patreon members for making this video possible if youre new to options trading and would like to get some private coaching please visit my website for details and last but not least remember to subscribe to my youtube channel and hit the little bell so youll be notified each time i upload a new video in this lesson im going to show you how to trade spx options spx is the ticker symbol for the standard and poors 500 index also known as the s p 500 index there are dozens and dozens of indices at wall street but the three most popular ones are the s p 500 index the dow jones industrial average and the nasdaq composite in this lesson im going to focus only on the s p 500 index an index is nothing more than just a list of stocks so the s p 500 index is a list of 500 u.s large cap companies im using the trading platform called think or swim which is part of td ameritrade the number that you see here