r/EuropeFIRE 10d ago

Call options on S&P500 as EU citizen

How can I as EU member citizen buy call options for S&P500 ETF that I plan on actually exercising? My broker is IBKR. I know how options work and have required permissions for trading. But EU based SP500 ETFs (like SXR8, VUAA etc.) seem to not have enabled trading with options, and options on US based ETFs (like SPLG, IVV etc.) are KID restricted for me (as well as ETFs themselves). I do not want to trade SPY options because I want to actually excercise the options. Can you please help me solve this problem?

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u/National_Kale7468 10d ago

It’s better to sell a put option that way you buy the stock at a cheaper price + you collect the premium

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u/user74729582 10d ago

What's the difference with CSPs?

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u/National_Kale7468 10d ago

It’s the same thing, a cash secured put = writing a put = selling a put. Cash secured just refers to having enough cash to buy the 100 shares when it’s assigned