Index Option
A call or put option on a financial index.

Investopedia Says:
Investors trading index options are essentially betting on the overall movement of the stock market as represented by a basket of stocks. Options on the S&P 500 are some of the most actively traded options in the world.

Related Terms:
Index
Index Fund
Index Futures
Option
QQQ
S&P 500 Mini

• Specialization
• Special Memorandum Account (SMA)
• Special Needs Child
• Special Purchase and Resale Agreement (SPRA)
• Special Purchase and Resale Agreement (SPRA)
• Special Purpose Acquisition Company (SPAC)
• Special Purpose Acquisition Company (SPAC)
• Special Purpose Vehicle/Entity (SPV/SPE)
• Special Purpose Vehicle/Entity (SPV/SPE)
• Special Situation
• Special Tax Bond
• Specific Risk
• Specific-Shares Method
• Speculation
• Speculation Index
• Speculative Capital
• Speculative Company
• Speculative Flow
• Speculative Risk
• Speculative Stock
• Speculator
• Speed Resistance Lines
• Spending Phase
• Spiders (SPDR)
• Spiders (SPDR)