Skip to content
HamedTrades

Guides

Trading Guides & Resources

Plain-language guides by Hamza Hamed on SPX, SPY, QQQ, ES and NQ futures, options, position sizing, risk management and technical analysis.

SPX

SPX vs SPY: Which Is Better for Options Trading?

Compare SPX and SPY options, including settlement, exercise style, contract size, assignment risk, liquidity and which structure fits different trading needs.

By Hamza Hamed · Updated Oct 7, 2026 · 4 min read

SPX

What Are SPX 0DTE Options?

Learn how SPX 0DTE options work, including gamma, theta, volatility, settlement, strike selection, position sizing and major risks of same-day expiration.

By Hamza Hamed · Updated Oct 7, 2026 · 4 min read

SPX

SPX 0DTE vs 3–5 DTE Options: What Changes?

Compare SPX 0DTE and 3–5 DTE options across gamma, theta, premium, position sizing, timing, trade management and event risk.

By Hamza Hamed · Updated Oct 7, 2026 · 3 min read

SPX

How to Size an SPX Options Trade

Learn how to size SPX options trades using planned dollar risk, invalidation, premium movement, contract count, slippage and expiration risk.

By Hamza Hamed · Updated Oct 7, 2026 · 4 min read

SPX

How to Use VWAP When Trading SPX

Learn how traders use VWAP with SPX, why index volume differs from ETF or futures volume, and how SPY and ES can confirm SPX intraday structure.

By Hamza Hamed · Updated Oct 7, 2026 · 4 min read

SPX

What Happens When SPX Options Expire?

Learn what happens when SPX calls and puts expire, including cash settlement, intrinsic value, A.M. vs P.M. expirations, ITM and OTM outcomes and expiration-day risk.

By Hamza Hamed · Updated Oct 7, 2026 · 5 min read

SPX

How to Choose an SPX Option Strike

Learn how SPX traders compare in-the-money, at-the-money and out-of-the-money strikes using delta, premium, liquidity, expiration, risk and the underlying setup.

By Hamza Hamed · Updated Oct 7, 2026 · 5 min read

SPX

How to Trade SPX Options: A Beginner's Guide

A plain-language guide to SPX options: what SPX is, how contracts work, how expiration and leverage create risk, and a process for planning a trade.

By Hamza Hamed · Updated Oct 6, 2026 · 3 min read

Get the Market Breakdown

Trading education, market insights and important levels delivered directly to your inbox.