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REDDIT

Indexes / ETFs arbitrage

E
Sep 25, 2026 · 15:50

That might be a silly question, but how long is usually the gap between SPX index movement and subsequent SPY move? Not sure how exactly do they interact

Is it a valuable strategy to keep an eye on the index and buy SPY calls/puts accordingly? Does it make sense to do it at the beginning or the end of the day?