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WebThese calls cost roughly $197 per share. So two contracts, 200 shares costs you $39.4k. So instead of $38.4k to buy 100 shares of SPY you can pay $39.4k to control 200 shares instead. You control $76.8k worth of SPY but only put up $39.4k so have 2:1 leverage and have the benefits and drawbacks that come with it. WebDec 12, 2024 · Bogle, who died in January 2024, founded Malvern, Pa.–based Vanguard in 1974. Two years later, he launched the first publicly available index fund, which followed … svt bmj
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