Day trading vs value investing
Options, Futures and/or forex trading privileges subject to TD Ameritrade review and approval. Not all account owners will qualify. All investing involves risk. The value of your investment may fluctuate over time, and you may gain or lose money. Proprietary trading aims at strengthening the firm's balance sheet by investing in the financial markets. Traders can take more risks since they are not dealing with client funds. Firms go into proprietary trading with the belief that they have a competitive advantage and access to valuable information that can help them reap big profits. SPX options that expire on the 3 rd Friday stop trading the day before the 3 rd Friday. All SPY options expire at the close of business on expiration Friday. An SPX option with the same strike price and expiration date as an SPY option is approximately 10 times the value of an SPY option. For example, if an SPX option was trading at $1,000