SPY outperforming SPX by 40%

Summary

• The post observes a short-term divergence: SPY up 1.6% vs SPX up 1.1%, questioning the near 1:1 correlation.
• The author speculates on a potential arbitrage: buying SPX futures while selling SPY calls to capture the spread.
• Quality assessment: This is noise – a simple observation without data, analysis, or a confirmed trade thesis. It’s a question, not research.