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this website is bar chart we can check the most active etf options the first one is spy which has a daily option volume 3 million this is for a single day there is another etf for the same sp 500 index vol sp 500 but its daily volume is only 790 which is much less than spy we can use this list to find a good symbol to trade such as qqq slv iwm if the daily option volume is greater than 10 000 it is a relatively liquid option if the daily volume is less than 1000 you may not be able to get a good fill lets say we have chosen spy to trade options but inside spy there are many options how can we choose which one to trade we can see that there are many weekly quarterly and monthly options if the option does not have a text behind it is a monthly option so here this is a monthly option and this is a weekly option if you check the bid ask spread for the monthly option here there is only two cents between the bid price and the ask price but for the weekly option the spread is larger generall