Puts — Buying S&p

: As the S&P 500 price goes down , the value of your put option goes up . 🔍 SPY vs. SPX: Which to Choose?

: The "floor" price you choose. If the S&P falls below this, your put gains value. Premium : The upfront cost (your maximum possible loss). buying s&p puts

: If you believe the market is overvalued or a crash is coming, buying puts allows you to profit from that drop. : As the S&P 500 price goes down

: The "use-by" date. If the market doesn't drop by this time, the option expires worthless. the option expires worthless.